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International Asset Bank received a EUR 14 million club loan

2 September 2008

     On 26.08.08 International Asset Bank signed a club loan agreement with Raiffeisen Zentralbank Osterreich AG, Austria, the arranger and agent of the term credit facility. The latter is for the amount of EUR 14 million with a tenor of 1 year. The interest in the club loan was high with 7 banks from 5 countries taking part in it.

     The funding will be used to facilitate the growth plans of the bank. Due to the good conditions negotiated with the other banks for the term loan, International Asset Bank will continue to offer flexible financial service at affordable prices.

     At the same time the promotional interest rates of deposit Asset 12 + - (7% for BGN and 6% for EUR) will remain the same following the 31th of August as the interest will be available at the day of the account opening. For more information all customers can visit the branch network of International Asset Bank, or receive information from our Call Center: 0800 12 422 or at www.iabank.bg.