"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
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $4.757K | 84.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 84497 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 172515 | 3 |
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| Last trade - 13.59pm 17/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.5¢ | 128359 | ||
| Last updated 14.34pm 17/05/2024 ? | |||||
| MNB (ASX) Chart |