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EBRD to open $50 mln credit line to Aval Bank for small businesses
Journal Staff Report

KIEV, July 17 – The European Bank for Reconstruction and Development (EBRD) will open a credit line worth $50 million for Aval Bank to support small- and medium-sized businesses (SMBs) in Ukraine.

"The loan to Bank Aval is being provided under the EBRD's Ukraine SME Lending Framework, a $200 million facility for lending on to local banks for financing private sector micro, small and medium-size enterprises," the EBRD said.




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