The First Investment Bank (FIBank) received a 65 million euro syndicated loan from 11 banks, the Bulgarian Stock Exchange said in a statement.
Lead managers of the loan are Bayerische Landesbank and ABN Amro.
The loan has been extended for one year and carries the option for extension.
FIBank is to use the funds for general and commercial financing.
As of end-April 2008, the non-consolidated profit of the sixth-largest bank in Bulgaria stood at 17.674 million leva in what is a 41.12 per cent increase on the year.
The bank’s capital adequacy coefficient stood at 13.57 per cent. In absolute terms, capital adequacy came in at 42.8.066 million leva, an increase of 47 per cent on the year.
