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To: lorne who wrote (45133)11/18/1999 1:28:00 PM
From: Alex  Respond to of 116761
 
PSB Sells Gold

OAO Industry and Construction Bank (PSB), one of the largest commercial banks in St. Petersburg started selling gold ingots to general public.

Twenty-four carat gold pellets weighing 10 and 20 g are on sale in the bank. PSB sources say that some pellets have already been sold. The bank expects that there will be no shortage of those willing to purchase gold since many people traditionally exchange their savings for gold. Besides, the bank expects that with the year 2000 approaching, many city residents would like to purchase gold pellets as a Christmas present. Currently only one of PSB's branch offices sells gold to general public.