Credit line granted to AS “mogo”
On 2nd August 2019 AS "Citadele banka" granted to AS “mogo” the credit line in the amount of EUR 3 million for refinancing of existing indebtedness. Maturity of agreement - July 2021.
About AS “mogo”
AS “mogo” offers classical finance lease, lends against vehicles already owned by clients (a type of service known as leaseback) and instalment loans, which is available by filling out an application on the company website, mobile website, over the phone, enquiring with one of more than 270 affiliated car dealerships, or at one of its client service centers in major cities throughout Latvia. AS “mogo” has more than 20 thousand active customers in Latvia. Mogo Finance S.A. group companies operate successfully not only in Latvia, but also in Estonia, Lithuania, Georgia, Armenia, Poland, Bulgaria, Romania, Moldova, Belarus, Ukraine, Albania, Uzbekistan, Kazakhstan and Macedonia with more plans to expand business in other countries. Read more: www.mogofinance.com
Dārta Keršule
Regional CFO
Phone: +371 66900904
Email: darta.kersule@mogofinance.com
Simonas Jurgionis
Investor Relations Manager
Phone: +371 27073993
Email: simonas.jurgionis@mogofinance.com
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