Banc Post Borrows 100 Mln RON For 10 Years

F.A.
Ziarul BURSA #English Section / 19 februarie 2007

Following a bond issuance on the Luxembourg Stock Exchange by EFG Hellas, Bancpost has borrowed 100 million RON in a bid to diversify resources and correlate long-term due dates on RON loans with long-term resources in RON, according to Bancpost president Mihai Bogza. The bonds mature in 10 years. No other entity in Romania or the Romanian State has accessed bond funds in RON for such a long term. Bogza explained that the bank wanted to make a difference and distinguish itself from other players

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