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Business    

EBRD to provide hryvnia-denominated $25-mln-worth loan to ProCredit Bank
Journal Staff Report

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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  26.04.2024 prev
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