Revolving Credit Facilities

Revolving credit – credit facility, amounts of which could be drawn and redrawn up to established limit. This credit facility is normally used for financing working capital. Every withdrawn amount is granted for specific period (1, 3, 6, 12 months), for which interest rate is fixed. Nordea Bank Lithuania can grant revolving credit in LTL, USD, EUR and other European hard currencies. Withdrawn amounts are transferred to customer's current account.

Interest rate is defined according to LIBOR, EURIBOR, VILIBOR, and Nordea Bank Lithuania reference rate.