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. Last Updated: 07/27/2016

Bank Backs Oil Loans

MOSCOW -- The U.S. Export-Import Bank has signed deals to guarantee two oil sector loans totaling $104 million, Interfax said Thursday.

ExIm Bank backed $60 million from the Bank of New York to Yaroslavnefteorgsintez and $44 million from U.S.-based Chemical Bank to Samaraneftegaz.