Slovene Bank NLB Signs Grants Loan to Novgorod Telekom

Slovene bank Nova ljubljanska banka (NLB) signed Wednesday an accord granting a US$ 400,000 loan to the Telekom of the Russian region Novgorod. The Novgorod Telekom will buy two digital telephone exchanges (Iskra 2000) costing US$ 500,000 from Slovene producer Iskratel with the borrowed money, STA learnt from Metod Zaplotnik, Finance Director of the Iskratel.

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