Echo Investment concluded a loan agreement worth PLN 75 mln with Alior Bank. This is an extension of a revolving loan, including an increase of its amount.
“Echo Investment has been cooperating with Alior Bank since 2014 and the continuation of this cooperation reflects the Bank's constant trust in our management board and strategy. This contract proves the appreciation of our large portfolio of completed and prepared projects as well as our extensive experience and know-how. We are convinced that the cooperation with Alior Bank is a mutual advantage and it will translate into an increase in the value of our company,” says Grzegorz Iwański, director of Echo Investment"s Funding Department. Echo has been cooperating with Alior Bank since 2014 when the bank granted a loan of PLN 30 mln to the company. Two years later the lending limit was increased to PLN 50 mln.