Financing the 2002 tobacco crop | United Bulgarian Bank

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Raiffesenbank provides BGN 16 million for tobacco buying up

14 November 2002

The executives of Bulgartabak Holding and Raiffeisenbank (Bulgaria) AD have agreed (13th Nov. 2002) on the conditions, which the bank will finance the 2002 tobacco crop with additional BGN 10 million.

The funds will be provided not latter then the end of November. As of today Raiffesenbank has financed companies from Bulgartabak Holding for BGN 6 million.

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