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Ukrainian banks triple Eurobond issues to $650 mln in 2005, bank says
Journal Staff Report

KIEV, March 16 – Ukrainian commercial banks have almost tripled borrowing on international markets through issues of Eurobonds to $650 million in 2005, UkrSibBank, the country’s No. 5 bank by assets, reported Thursday.

The banks moved to tap international markets mostly to get access to cheaper loans in order to finance expansion projects amid continued economic growth, UkrSibBank said.




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