Message on the use of cookies

On our website, we use our own and third-party cookies to provide a better website and online service user experience and offer content and services which interest you, based on your habits. See more in our Cookie Terms and Conditions. You can agree to our use of cookies by selecting Confirm, or reject them by selecting Reject. You can also change or cancel your decision at any time by selecting Cookie Settings. If you choose to reject all cookies, our website will only save the functional cookies necessary for the website to function and be secure, and for which we do not require your permission.
 

Cookie Settings
Menu Close menu
Language menu English Open language menu Close language menu

Media

Citadele Bank

JSC “Citadele banka” repays subordinated loan to SJSC “Privatisation agency”

Published on

On 4 January 2017, AS “Citadele banka” has made an early repayment of the outstanding EUR 34.7 million subordinated loan and accrued interest of EUR 0.98 million to the State Joint Stock Company "Privatisation agency". 

On 6 December 2016, AS “Citadele banka” issued subordinated bonds in amount of EUR 40 million. According to the Base Prospectus, the aim of the issuance, among others, was early repayment of the outstanding amount of subordinated debt to Joint Stock Company “Privatisation agency”. The remaining proceeds from the issuance is planned to be used to strengthen the overall capital of AS “Citadele banka” and to facilitate the execution of the bank’s growth strategy across the Baltics.

Recent press releases

All press releases