OP Corporate Bank plc Latvia Branch continues its cooperation with JSC Latvijas Gāze

[09.02.2021]

OP Corporate Bank plc Latvia Branch continues its cooperation with JSC Latvijas Gāze by concluding a new EUR 30 million overdraft agreement which will be valid until 31 May 2023.

"We are pleased that “OP Corporate Bank plc” has established stable and permanent cooperation with a company important to Latvia’s economy such as JSC Latvijas Gāze, which is purposefully working in order to strengthen its position on the Latvian and Baltic markets,” says Elmārs Prikšāns, the head of OP Corporate Bank plc Latvia Branch.

OP Corporate Bank plc Latvia Branch obtained the right to enter into overdraft agreement with JSC Latvijas Gāze in the amount of EUR 30 million in the procurement procedure by submitting the most economically advantageous tender. The financing is intended for the purchase of natural gas for the next two natural gas injection seasons.