International Asset Bank

Home / News

International Asset Bank with a new product targeting milk purchasers

4 April 2008

    In relation with the passed Law for applying the general terms of the markets of agricultural goods in the EU and Ordinance №23 for managing the national milk quota, International Asset Bank is the first bank to launch a new product – Letter of Guarantee for the milk purchasers.
    The maximum limit of the Letter of Guarantee is set at 21,772 BGN with a validity period of up to 18 months, The State fund “Agriculture” as a beneficient and an insurance policy issued by Euroins serving as a collateral.
    All customers of the bank can benefit from the new product in over 70 – branches and offices across the whole country or receive complete information when dialing 0800 12 422 (free of charge for BTC customers in Bulgaria).