Transcapitalbank Obtains Trade Facility Loan in Amount of USD 8 mln
OREANDA-NEWS. On 29 January 2008 it was announced, that Transcapitalbank received a short-term bilateral facility loan in an amount of USD 8 400 000 from Anglo-Romanian Bank Limited.
Regardless of the ongoing everywhere slump, Transcapitalbank managed to get the loan by an attractive all-in cost of funds.
The proceeds of the facility will be used to finance the import and delivery of automobiles for several large car-dealerships that are customers of Transcapitalbank.
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