PROCUREMENT NEWS

United States : AGRICOVER CREDIT IFN secures loan from INTERNATIONAL INVESTMENT BANK

Published 06 Apr 2015

A loan deal has been inked by the financial division Agricover Credit IFN to procure 10 million euro to be utilized for granting credits to romanian farmers.

As per the report, the loan has a maturity of seven years. The cooperation with a strong company emphasizes the business strategy of the company and the strenght of its vision. The International Investment Bank (IIB) is a multilateral institution for development that promotes social and economic development, prosperity, and economic cooperation between its member states.

The loans are offered by the Bank mainly via leading domestic publicly owned financial institutions, development banks, export and import banks and agencies, or lends in partnership with other international institutions for development.

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