"The first such measure was prescribed by the Central Bank of Angola (BNA)under Aviso No.10 ‘Granting Credit to the Real Sector of Economy’, whichrequires financial institutions to grant a minimum quota of credit per year(based on the institution’s net assets) to borrowers in the sector, whichexplicitly includes fertilizer producers, with the cost of credit capped at 7.5%for loans and 10% for working capital facilities."
So much for "at the mercy of lenders"
Interest rates capped at 7.5% and 10% for agricultural loans.
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-2
Add MNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $51.90M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.1¢ | 5.7¢ | $42.64K | 716.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28790 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 23235 | 1 |
View Market Depth
| Last trade - 11.34am 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.8¢ |
Change
-0.003 ( 1.69 %) |
||||
| Open | High | Low | Volume | ||
| 6.1¢ | 6.2¢ | 5.7¢ | 386128 | ||
| Last updated 12.26pm 05/06/2024 ? | |||||
| MNB (ASX) Chart |