JSC "NORVIK BNAKA" repays syndicate loan 22 million EUR


On 04.12.2008 JSC ‘'NORVIK BANKA'' fully repays 22 million EUR  syndicated loan
arranged on December 06, 2007 by Raiffeisen Zentralbank Osterreich
Aktiengesellschaft and Kaupthing Bank Luxembourg SA. 

As of September 30, 2008, the assets of the JSC ‘'NORVIK BANKA'' were 554 mln.
LVL and its capital and reserves comprised 62 mln. LVL. 

Financial Institutions Department 
AS "NORVIK BANKA" 
Tel +371 67011467, 67041178