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Agreement between JSCB Moldindconbank and European Bank for Reconstruction and Development

21.03.2005
On 25th of March,2005 European Bank for Reconstruction and Development (EBRD) and JSCB Moldindconbank SA signed up a Credit Revolving Agreement under the Trade Facilitation Program. Subject to conditions of this Agreement EBRD provides to JSCB Moldindconbank a non-committed loan facility on a revolving basis of 1,5 mln USD. The proceeds of the loan will be used exclusively for the purpose of pre-shipment finance, post-shipment finance and other financing of working capital necessary for the performance of foreign trade contracts.
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