Impact Developer & Contractor gets €5 million loan from OTP Bank

16
Dec
2021
News - Impact Developer & Contractor gets €5 million loan from OTP Bank #Bucharest #BVB #Impact Developer & Contractor #loan #OTP #Romania

by Property Forum | Investment

Romanian Impact Developer & Contractor has secured a €5 million loan from OTP Bank for the refinancing of investments. 

The loan was granted to a subsidiary of Impact Developer & Contractor through which the company developed the complex Luxuria Residence in Bucharest. 

Impact Developer & Contractor said the loan will be reimbursed on a quarterly basis for a period of 36 months. 

Shares of the developer closed flat at 0.69 lei on Thursday evening on the Bucharest Stock Exchange (BVB). Impact Developer & Contractor has ongoing residential investments in Bucharest, Constanța and Iași. 


Bucharest BVB Impact Developer & Contractor loan OTP Romania


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