KYIV, Nov 20 - The European Bank for Reconstruction and Development (EBRD) will provide a four-year loan in the hryvnia to ProCredit Bank Ukraine for the amount equivalent to $25 million, the EBRD reported.
For the EBRD, this loan will be one of the first loans in the hryvnia to commercial banks in Ukraine and the first synthetic financing in the local currency, hedged through the currency swap with TCX fund.
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