Russia's Gazprombank to meet investors -sources

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MOSCOW, July 2 | Fri Jul 2, 2010 9:21am EDT

MOSCOW, July 2 (Reuters) - Russia's Gazprombank, a banking arm of energy giant Gazprom (GAZP.MM), will start meeting investors next week and may potentially follow other major lenders to the Eurobond market, trading sources said on Friday.

"Barclays Capital, The Royal Bank of Scotland and UBS will be arranging the meetings," a trader in Russian major bank said.

State-controlled Sberbank (SBER03.MM) and VEB have just raised $2 billion worth of Eurobonds to finance the growing demand for loans as the economy emerges from the first recession in a decade.

Gazprombank's vice president Igor Rusanov earlier told Reuters that the bank does not exclude the possibility of a Eurobond issue. [ID:nLDE65L1O3] (Reporting by Dmitry Sergeyev; Editing by Jon Loades-Carter)

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