Sberbank of Russia completed a club deal on attracting funds for the purposes of trade Finance from the banks of the middle East region to the amount of USD 300 million for a period of one year. Organizer of Citibank Europe Plc. The main participants of the transaction became National Bank of Abu Dhabi, First Gulf Bank, Credit Libanais and others. Head of trade Finance and correspondent relations Andrey Ivanov said: «This is a landmark deal for Sberbank, as it serves as a starting point for developing cooperation with major financial institutions strategically important for Russia in the region — the Middle East. Participation Citibank as the organizer of the club deal will strengthen existing partnerships in the field of trade Finance and move them to a new level.»