Bank Of Baku

IBA attracts $200 mln-syndicated loan

IBA attracts $200 mln-syndicated loan
# 29 April 2015 08:28 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. International Bank of Azerbaijan has attracted $200 mln-syndicated loan.  

 

Bank says the syndicate managers are Citibank N.V., ingbank N.V., Raiffeisebank International AG, UniCreditBank Austria AG.

 

At first, the loan was planned at the volume of #125 mln, then more 18 international financial institutions joint the syndication and the loan made $200 mln.

 

The loan was attracted for 365 days and will be directed to corporate financing.

 

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