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Agroliga secure funding
Friday, 20 September 2013
There are no translations available.

PAT Megabank expanded overall credit limit for AgroligaGroup to 3,2 million euros. The funding for this line can be used as for investment in fixed assets, as for working capital. Funds may be held in local currency, U.S. dollars or euros,floating interest rate depends from the currency. The contract is signed for 3 years.

At the end of 2012 the total credit portfolio of the group amounted to 1.06 million euros, and in 2013 the credit limit has been increased to 2.14 million euros. To date, the Agroliga’saccount maintained by PJSC "Megabank" that is well known for decision-making speed and quality of customer service.

"Despite the much larger amounts of loans from other banks, we decided not to change the place of service, at the same time expanding our limits in proportion to the increased volume of production" - said Alexander Berdnik, Chairman of the Board of Directors Agroliga group.