Nordea Bank Is One of Winning Bidders in Auction Held by IDGC
OREANDA-NEWS. December 18, 2009. OJSC Nordea Bank has become one of the winning bidders in the auction held by JSC IDGC of the Center in order to select a financial service provider. As the result of the auction, the Bank will provide the company with an overdraft with a limit of 0.4 billion roubles, reported the press-centre of Nordea Bank.
The applicable interest rate is 9% per annum.
The overdraft will be used to finance the working capital and to bridge cash gaps.
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