MOSCOW, November 18 (RIA Novosti) - Gazprombank signed a memorandum on mutual understanding with the Japan Bank for International Cooperation (JBIC) Friday under which JBIC will provide a $70 mln line of credit, Gazprombank's press service said.
"Under the conditions of the memorandum, the Japan Bank for International Cooperation opened a credit line to Gazprombank offering medium and long-term financing of $70 million," the statement said.
Gazprombank is an investment vehicle of Russian state-owned natural gas monopoly Gazprom.
