HCFB Signed Agreement on Attraction of Unsecured Credit with JSC “Raiffeisenbank Austria”
OREANDA-NEWS. Home Credit and Finance Bank ("HCFB"), one of the leaders of the Russian market of consumer crediting, has signed the agreement and has attracted the short-term unsecured credit at the rate of 1,4 billion roubles. JSC “Raiffeisenbank Austria” is one of the largest international bank institutes in the markets of Central and the East Europe.
The attracted means given by Raiffeisenbank within the frameworks of the demand line of credit will be used for maintenance of business of the Bank for the period of pre-New Year's holidays and the raised seasonal demand for credit products of Home Credit.
Date of repayment of the unsecured credit is April 2007.
The rate under the credit is the rate MosPrime for the corresponding period + 300 basic points.
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