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EBRD to allocate $50 mln to Aval Bank; $30 mln to shipping company
Journal Staff Report

KIEV, May 29 - The EBRD will allocate $50 million to Aval Bank for small business funding and $20 million to Black Sea Shipping Management to build five ships with deadweight of around 5,500 tons.

The EBRD board approved the projects at their last meeting in May, the EBRD office in Kiev told Interfax-Ukraine on Monday.




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