"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
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Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $49.31M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.1¢ | 5.7¢ | $47.66K | 810.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 428572 | 1 |
View Market Depth
| Last trade - 15.42pm 29/04/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
-0.003 ( 6.56 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.7¢ | 256255 | ||
| Last updated 15.24pm 29/04/2024 ? | |||||
| MNB (ASX) Chart |