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. Last Updated: 07/27/2016

For the Record

Norilsk Nickel has no funds to extend a further buyback offer to shareholder United Company RusAl at present, chief executive officer Vladimir Strzhalkovsky said Thursday.

Russian bank lending to nonfinancial companies grew 26 percent last year, retail lending climbed 36 percent, while bank assets expanded 23 percent, Central Bank deputy chairman Alexei Simanovsky said Thursday.