OP Corporate Bank plc. strengthens cooperation with AS Elko Grupa

[09.01.2019]

Continuing the commenced cooperation, OP Corporate Bank plc. has increased the 5 million US Dollar credit line granted to AS Elko Grupa so far, which is one of the biggest distributors of IT products and solutions in the Baltic, Eastern European and Central European countries. Thus the total volume of credit line issued by OP Corporate Bank plc. to the company has reached 20 million US Dollars.

AS Elko Grupa represents 400 IT manufacturers, offering a broad range of products and providing services to more than 10000 retailers, local computer manufacturers, system integrators and companies of different industries in 31 countries in Europe and Central Asia. Turnover of the Group reached 1,593 million US Dollars in 2017.