The town of Tartu to borrow 30 million kroons from Nordea Bank

24.11.2004

Tartu town government decided on November 23rd to take an investment loan in amount of 30 million EEK form Nordea Bank.

The 30,365 million kroon loan is planned in the Tartu town budget for 2004 and has been approved by the town council. The investment loan is intended for Tartu's infrastructure - streets and roads in particular.

The town decided to take the loan from Nordea Bank because of the bank’s favourable offer.