Latest News
Raketech Signs Revolving Credit Facility with Bank of Valletta

Raketech Group Holding Plc has announced that the company has signed a revolving credit facility (RCF) with Bank of Valletta, one of the largest banks in Malta, partially owned by the Maltese government. This strategic move will bolster the company’s financial flexibility and support its growth initiatives. The current credit facility with Avida Finans AB will continue to run in parallel up until December 2024.
New RCF Details:
- Credit Limit: EUR 5 million
- Interest Rate: 4.5% over the variable internal bank rate (currently 2.15%) when utilised.
“This credit facility reflects Raketech’s strong financial position, and the trust our banking partners have in our business model and future growth plans. We have worked with Bank of Valletta for the last ten years and we are excited to expand on this partnership and to explore further growth opportunities together with them,” Johan Svensson, CEO of Raketech, said.
-
Asia7 days ago
Parimatch Hosts Rooftop Meet & Greet with Sunil Narine
-
Latest News7 days ago
John Wright and Darrell Helyar Appointed to Board of Trustees of BetBlocker
-
Asia5 days ago
Jetapult-backed UMX Studios launches DriftX, a mobile car racing game
-
Asia6 days ago
FOMO7 Expands Platform with 46 New Indian Lottery Games
-
Industry News7 days ago
ZEAL Network CEO Helmut Becker Will Not Extend His Contract Beyond January 2026
-
Latest News7 days ago
Salsa Technology brings FORMULA-BET to BiS SiGMA Americas and reinforces its Brazilian essence
-
Latest News7 days ago
Danes’ Spending on Gambling Increased in February
-
Cryptocurrency5 days ago
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration