“The all-in cost for the highest participation level of each tranche is Euribor+2.40 percent and Libor+2.50 percent, respectively,” the lender detailed in a filing with stock exchange.
The proceeds of the facility will be used for trade finance purposes, it added.
Loans extended by the lender amounted to 271 billion liras versus 269 billion liras at end-2018 while deposits collected by the bank increased to 254 billion liras from 245 billion liras.
The consolidated non-performing loans (NPL)/total loans ratio stood at 5.1 percent while bank only NPL ratio was 4.9 percent as of end-March.
- Nokia secures 500m Euro loan for 5G research
- Royal Bank of Scotland fined $4.9B for housing bubble role
- Wells Fargo Quietly Reveals “Calculation Error” That Affected Customers' Mortgage Loans
- Open Banking a catalyst for innovation to the brave in banking
- Cerberus buys £860m of bad loans from AIB in the Republic
- The Turkish lira is diving after Moody’s warned the worst is yet to come for the country’s banks
- Payday Loans Online Data Breach: Personal Information From 250,000 People Stolen From Company
- Online-only banking is the future of managing money — here's how to get started
- Capital One data breach: What you can do following the bank hack
- Capital One data breach: what you can do following banking hack
- Capital One data breach: what you can do following bank hack
- Capital One breach: What you can do following bank hack
- Capital One breach: What you can do following bank data hack
- Google Pay growth continues unchecked with these 48 new US banks
- The World Bank is getting in on blockchain
- Bank of America Drops Merrill Lynch Name In Rebranding Drive
- Equifax and beyond: Protect yourself if your bank gets hacked
- Uni pencils loan into D'Works bid
- Uni pencils a loan into D'Works bid
- A decade after meltdown, largest banks even bigger
İş Bank secures over $1 bln syndicated loan have 410 words, post on www.hurriyetdailynews.com at May 24, 2019. This is cached page on Talk Vietnam. If you want remove this page, please contact us.