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‘Luminor’ pagarina ‘Amber Beverage Group’ overdraftu

Luminor“The bank has entered into an agreement with the global alcohol production and distribution group Amber Beverage Group to extend the existing overdraft. The total overdraft limit is EUR 22.7 million and is intended to be used for existing production and day-to-day operations, as well as the group’s strategic objectives. To achieve this, the portal “Delfi” learned in the bank.

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The transaction on the extension of the existing overdraft agreement with the total overdraft limit of 22.7 million euros has been concluded between AS “Luminor bank” and the companies belonging to the group “Amber Beverage Group” “Amber Beverage Group Holding”, SIA “Amber Distribution Latvia”, AS , “Latvijas balzams”, JSC “Interbaltija AG”, SIA “Amber Beverage Group” and “Bennet Distributors”.

“Amber Beverage Group companies have been our customers for almost a decade, and during this time we have successfully developed our cooperation. One of the financial solutions we provide is overdrafts, which we have now extended to provide customers with funds for daily work and future goals. We are pleased to be able to support such companies operating in Latvia, which, despite the influence of Covid-19, have been able to continue both production and development, adapting to the new conditions, “says Ilze Zoltnere, Head of Luminor’s Corporate Department.

“We are grateful to the entire Luminor banka team and experts for their long-term and productive cooperation. No matter how big or small the company is, we need experienced and knowledgeable strategic partners who are ready to go into and understand the customer’s needs and scope,” comments Amber. Beverage Group “Chief Financial Officer Jekaterina Stuģe.

Amber Beverage Group is an international alcoholic beverage production and distribution group. It operates globally from its headquarters in Luxembourg, as well as through manufacturing and distribution companies in Russia, Mexico, the United Kingdom, Australia, Austria and the Baltics – its historic home.

Luminor is the third largest financial services provider in the Baltic States with 924,000 customers and around 2,500 employees.

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