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International Asset Bank AD received a loan from Oberbank AG, Linz

22 April 2010

     International Asset Bank signed a 1-year loan agreement with the Austrian Oberbank for the amount of EUR 1 000 000 at highly favourable financial terms. The granted financing comes as a continuation of the excellent mutual cooperation over the years and is another appraisal for the good development of International Asset Bank, which constantly occupies the top places in the rankings for RoA and RoE of the Bulgarian banking system. The loan will be used for the bank’s general financial purposes, with more agreements, similar to this one, expected to occur till the end of the year.