VTB Group has granted a USD 150 million loan to JSC ALROSA, the world’s leading diamond miner. VTB Bank (Austria) AG, a VTB Group’s European sub-holding member, acted as a deal agent.
VTB Bank Senior Vice President
For reference:JSC ALROSA is the largest diamond mining company in the world, which is ranked first by physical volumes and second – by the price of produced diamonds. In 2011 the company’s output amounted to 34.55 million carats. The company’s probable reserves make up about one third of the world’s diamond resources.