Baltic Trust Bank                                        11.04.2005



“Baltic Trust Bank” receives EUR 10 mln. syndicated loan 



On Monday “Baltic Trust Bank” concluded an agreement for receiving a 

syndicated loan of EUR 10 million (seven million lats). 

The credit rate is Euribor + 1.35%, the loan period is 364 days, which may be 

extended by the lenders for another 364 days. 

Five foreign banks participate in granting the loan. The mandated lead arranger 

of the loan is Raiffeisen Zentralbank Österreich AG, Austria, the main managers

of the loan are HSH Nordbank, Copenhagen Branch and Hua Nan Commercial Bank, 

London Branch, and its participants- PKO Bank Polski SA, Poland and 

Raiffeisenlandesbank Niederösterreich- Wien AG, Austria. 

This is the first syndicated loan received by BTB. 

BTB plans to use the syndicated loan to finance medium and small enterprises. 

The Chairman of the Bank’s Executive Board Mr. Edgars Dubra told that there 

was no specific industry the Bank would focus on, and enterprises of any 

industry of the national economy would be able to receive loans. 

Mr. Dubra explained to the journalists that it was the first Bank’s borrowing 

in the international market, and should the project succeed, the co- operation 

would continue. 

Mr. Robert Denks, Vice President of Raiffeisen Zentralbank Österreich AG, Austria, 

hopes BTB will continue to be active in the international loan markets and 

Raiffeisen is ready to undertake the main role in the future transactions of BTB too.