AIB extends €75m credit line to bank

AIB has extended a €75 million treasury credit line to Bulgarian American Credit Bank (BACB), in which it holds a 49

Fri Apr 16 2010 - 01:00

AIB has extended a €75 million treasury credit line to Bulgarian American Credit Bank (BACB), in which it holds a 49.99 per cent stake.

This credit facility is €25 million higher than the amount provided to the Sofia-based bank by AIB last year. – (Bloomberg)