45m-euro ABN Amro loan for CFR

ABN Amro Bank will lend the Ministry of Transports, Constructions and Housing (MTCT) 45 million euros for financing the contract run by CFR Infrastructura railway company along with the Germans at Siemens, which will consist in designing, manufacturing and installing interconnection systems in a number of stations. This is a long-term state secured funding. “The Ministry of Transports, Constructions and Tourism, is a strategic partner of our bank. ABN AMRO Bank structured various types of loans supported by multilateral agreements of the international agencies and regarding financial leasing operations for aircraft, ship rehabilitation, medical equipment and various capital goods,” stated Henk Mulder, chairman of the ABN AMRO Bank Romania, the local branch of the Dutch financial group. ZF