1.   A powerful banking syndicate that controls loans in the small country.

2.   The loans of the two banking syndicates are only partially secured and they will not share in the payout.

3.   A banking syndicate has just been established to work with the Moscow city government over the long haul, he said.

4.   The traditional sources of project financing have been multilateral agencies, export credit agencies, international banking syndicates or private institutions, Hawker noted.

5.   The credit was made available under an agreement signed with an international banking syndicate on Thursday.