Project Financing Bank is holding negotiations with the Bank of Russia over a stabilization loan, the lending institution’s representatives told a correspondent.

“We’re discussing the terms of a loan to be provided to us. The measures offered by CBR have not yet suited us," the bank noted. PFB declined to comment on any details or the amount of the stabilization loan.

As previously reported, PFB raised interest rates on term ruble deposit accounts on Monday. The lending institution’s press service reported that the bank also plans to increase rates on currency deposit accounts. Moreover, the bank said its offices and units resumed operations. As a correspondent noticed, to a large extent the bank’s clients try to take money back from their deposit accounts.

Meanwhile, another problem-stricken lender, Smolensky Bank, also sent a letter on December 2 to Bank of Russia chairwoman Elvira Nabiullina, asking for a stabilization loan.