Details for the issue, including type of bonds, interest, time of issuance etc, will be determined by the bank’s board.
Libra Internet Bank, which serves mainly customers in the sectors of liberal professions, small and medium-sized enterprises (SMEs), real estate and agribusiness, currently has a EUR4.2 billion corporate bond issue listed on the Bucharest Stock Exchange.
Libra Bank ended 2020 with a net profit of RON38 million, down 67% on the year, and the total operating income of RON341 million, up 3.73% on the year.
The bank’s assets reached RON7.32 billion in 2020, up over 12% compared with 2019.