KYIV, Aug 16 - Raiffeisen Bank Aval will issue a loan of UAH 514 million to the European Bank for Reconstruction and Development (EBRD) to finance the program of lending to Ukrainian companies in the hryvnia, according to the website of Raiffeisen Bank Aval.
"We believe this is a landmark agreement for Ukraine, and we are pleased to assist the EBRD in launching a loan program in the hryvnia. This will allow the EBRD to further continue supporting Ukrainian companies and promote the development of the Ukrainian economy," head of the bank's department for work with financial institutions Viktoria Masna said.
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