Nordea and city of Vilnius sign agreements on two loans
Nordea and city of Vilnius sign agreements on two loans Nordea Bank and the local authorities in Vilnius, Lithuania have signed agreements on two loans totalling approximately EUR 12.7 million. Nordea won the final tender arranged by the borrower. The first loan amount is EUR 6.87 million and the second EUR 5.79 million. The tenor of each loan is seven years. The loans will be used to finance infrastructural development in Vilnius. - Cooperation with the city of Vilnius strengthens our position as an important financial institution in the Lithuanian market, says Petri Loikkanen, head of