OP Corporate Bank plc intensifies cooperation with RĪGAS SILTUMS AS
“Support to the population is essential in the company’s progression towards modernisation, and goes hand in hand with the bank’s view of stable and long-term development-based strengthening of companies in the region. We are pleased to be able to continue cooperation with RĪGAS SILTUMS AS by offering a wider range of services to the company,” emphasised Elmārs Prikšāns, Head of OP Corporate Bank plc Latvia Branch.
Broadening of the cooperation started a year ago; this July OP Corporate Bank plc Latvia Branch signed a 5-year agreement with RĪGAS SILTUMS AS on a EUR 10 million loan for the financing and refinancing of investment projects of the financial year 2016/2017. Whereas this September, OP Corporate Bank plc granted the company a EUR 5 million credit facility to supplement its working capital.