EBRD to open $5 mln loan line to Moldova's Moldindconbank to finance small business
Published:
16 April 2004 y., Friday
EBRD to open $5 mln loan line to Moldova's Moldindconbank to finance small business.
EBRD is considering whether to open $5 mln loan line for Moldindconbank S.A., according to the EBRD documents. The funds will go to grant credits to Moldova's small/mid. business.
EBRD BOD will consider the issue on May 25.
Moldindconbank is Modova's fourth credit institution with 10-11% share on the bank's market of the country. The assets amounted to around $80 mln as of late 2003, 2003 net profit - $3.5 mln. The bank had more than 900 holders, incl. foreign investors.
Šaltinis:
akm.ru
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