The percentage interest rate that applies to the term deposits is 7.55% per annum and the maturity date is on July 25, 2023.
“We specify the fact that, on 25.01.2023, SNN has constituted deposits with Exim Bank , in the cumulated value of 1.338.453.000 lei (Appendix no. 1), the amount exceeding 5% of the value of SNN’s net assets, as well as 10 % of the net turnover related to the last annual financial statements”, the report reads.
SNN shares have gained 3.9% in 2023, amid deals worth almost RON20 million. The company is majority held by the Romanian State and has a market value of RON13.4 billion.