Stefan Nanu, IIB Head of the Debt Capital Markets and FI, shared his vision on the Bank's funding and lending strategy with the leading Romanian business channel PROFIT.RO
Source: Profit.roOana Osman, Editor-in-Chief (О.О.): We just commented in the news about the pressures on funding costs. Your bank is an issuer in RON and recently you’ve just issued a RON bond in a new format under MTN (Medium Term Notes) Programme and you listed the bonds in Dublin. Could you tell us how you obtained a reduction in the funding costs and why have you picked up a new format? Stefan Nanu (S.N.): It’s worth to mention that this was Bank’s 7th RON issuance, therefore, the conditions obtained… Read more