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Nadra Bank signs agreement on $41m trade financing restructuring

July 20, 2010 | Cbonds

On July 16, 2010 Nadra Bank signed an agreement on restructuring of $41m in trade financing with 13 financial institutions. The debt repayment was extended for 8 years. Restructured loans were extended by banks and other financial institutions from Austria, Italy, Germany, Switzerland, UAE, Estonia, UK, Turkey, Sweden, Belgium and Ukraine. Nadra Bank views these institutions as long-term financial partners and regards debt restructuring agreements as a step to restore business relationship with them.

Company: Nadra Bank

Full company namePJSC "Bank "Nadra"
Country of riskUkraine
IndustryBanks

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