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
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders.
more »
AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions.
more »
Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt.
more »
Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA.
more »
Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard.
more »
The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout.
more »
With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis.
more »
Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally.
more »
With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU.
more »
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
more »