The PROJECT FINANCING BANK (Moscow) has obtained a Central Bank license to open precious metals accounts. The bank is planning to operate at the market as a universal operator. The bank will open metal accounts to corporate and private clients, both non-segregated and segregated safekeeping accounts. The PROJECT FINANCING BANK also plans to operate as a universal bank at the inter-bank market of precious metals and to conduct transactions and deals with the Central Bank of Russia. The bank also wants to deal with SBERBANK, ALFA BANK, MASTER BANK, LANTA BANK, NOMOS BANK, EUROTRUST and several other lending organizations at the market of precious metals.
Source: KLERK.RU, June 27, 2006
