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EBRD credits Hansa Capital with 30 million euros to finance small, medium businesses

Jun 19, 2003
Aleksei Gunter

TALLINNHansa Capital has received 30 million euros in credit from the European Bank for Reconstruction and Development to help small and medium-sized businesses lease vehicles and equipment.Small and medium-sized businesses make up 98 percent of the Baltic states' market activity and Hansa Capital line of credit is expected to help some of them get around problems securing medium-term financing, which according to the EBRD is hindering business growth, particularly in rural regions.Hansa Capital ...

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