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BACB Takes EUR 12m Syndicated Loan from Raiffeisen.

Europe Intelligence Wire

| September 30, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From PARI Daily)

Byline: Valentina ILIEVA

BULGARIAN-American Credit Bank (BACB) signed an agreement for EUR 12 million syndicated loan from Raiffeisen Zentralbank, which the first international syndicated loan ever taken by BACB. Lead managers of the loan are Adria Bank Aktiengesellschaft, Vienna, Anglo-Irish bank corporation, London and Bankgeselschaft, Berlin.

The move is aimed to expansion of BACB;s credit portfolio for small and …

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