The deposit without auto-renewal option and with the interest rate negotiated is due on June 25, 2024 and gets an interest of 5.77% per annum, the company said in its report.
“We mention that, S.N.G.N ROMGAZ S.A has had deposits at Exim Banca Romaneasca S.A. with a cumulative value over 12 months exceeding the materiality threshold of 5% of the net asset value, and 10% of the net turnover related to 2022 financial year. Some of these deposits matured before March 19, 2024,” as per report.
Romgaz has 12 deposits with the former EximBank, made between November 2023 and March 2024, with interest rates between 6.55% to 5.7%. The total amount stands at more than RON1.2 billion.
(English version by Loredana Fratila-Cristescu)