Sberbank to lend $800 mln for Turkish NPP

Sberbank to lend $800 mln for Turkish NPP

Russia's largest lender Sberbank said on Wednesday it would provide $800 million in loans for the construction of the Akkuyu nuclear power plant in Turkey, having provided $400 million in 2019.

The seven-year loan, consisting of two credit lines of $500 million and $300 million respectively, will be provided to a subsidiary of Rosatom, Russia's state nuclear firm building the plant, Sberbank said.

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