FMO of Holland is currently in talks with UniBank regarding the opening of a new credit link. Huub Cornelissen, Director of Europe and Central Asia, FMO, told Trend. If successful, UniBank would become the second Bank, after Bank Respublika, that FMO would have relations with.
The credit link amount for UniBank would be the same as for Bank Respublika ($12mln), but the final amount is subject to revision. Furthermore, FMO allocates leasing operation resources within the UniBank financing program, apart from SMB crediting and trade funding. FMO plans to open a credit link to UniBank by the end of 2006.