The credit resources necessary for the company’s operations are provided by company’s equity capital and funds raised from the issuance of public bonds, loan from AS Citadele Banka, as well as attracted loans from private investors through the Mintos peer-to-peer platform.
In June 2016, AgroCredit Latvia issued 10-year bonds with a fixed coupon rate of 7%, which were listed on the Nasdaq Baltic stock exchange in August.
Bonds are a good way to invest your free funds and get a return on them that significantly exceeds the interest on bank deposits.
In order to ensure faster growth of the company’s operations and increase the loan portfolio, we are constantly interested in attracting more and more new capital. For larger financial investors, we offer individual available cash placement solutions.