why would they take a loan from a bank of 3.3 million euro? To pay interest to a bank ? Where did you take the loan from ?
I don't think they stated where they got the loan from, but it's probably not that hard to get a 3.3 million load if you can provide bank shares worth 4 million as a security. If I was to guess, I'd say they got the loan at 0 or low interest from the bank itself as a way to delay the requirement to pay for the bank shares. The bank shares probably also create some interest to them, so this might actually be a positive deal providing income with about 0 cost.
Any news about this project? When will be the transaction to PoS?
I have less time to follow the news about the project recently, but I think they are not planning to switch to PoS for now. Maybe someone else can confirm.
As I understood, they want to start PoS testnet by end of this year and go live next year, see
https://www.nimiq.com/roadmap/