OREANDA-NEWS. July 03, 2008. Eximbank signed with the parent bank a new Credit Line Agreement for the amount equivalent to 25 mln. EUR, reported the press-centre of Eximbank.

The funds of the credit line will be used for financing the medium-term projects of corporate clients for a term of up to 7 years.

It is already the fourth credit line accorded by Veneto Banca Holding since the acquisition of 100 per cent of the share capital of Eximbank on May 15, 2006. First three credit lines in the amount equivalent to 39, 2 million EUR were accorded during last year, being successfully utilized at the moment.

The signing of the new Agreement, in the conditions of deficiency of the financial resources for the medium and long term registered on the local market will allow Eximbank to further finance on favorable conditions the companies, which work in the real sector of the national economy thus contributing to the maintaining the growing economy of the country.