09.10.2006BGN 2 mln Loan to Municipality of Assenovgrad Extended by Municipal Bank PLC

Having provided the best offer, Municipal Bank AD has been chosen to finance with BGN 2 million for 8 years the “Overhaul of the Street Network of the City of Assenovgrad” Investment Project following a public procurement procedure. Municipal Bank AD has last year won the procedure for financing another investment project of the municipality: “Rehabilitation of Trade Centre.”

It was again Municipal Bank AD to have won a procedure under the Municipal Debt Act, announced by the Municipality of Svishtov, by giving the best proposal and in July signed a loan contract with the municipality for BGN 2 million with a tenor of 7 years for financing the “Management of Public Technical Infrastructure of the City of Svishtov” Investment Project.