KYIV, Oct 8 – Raiffeisen Bank Aval, ProCredit Bank and OTP Bank will get up to EUR 70 million in funds from the European Bank for Reconstruction and Development that will be disbursed to boost working capital of small businesses, the bank said Tuesday.

The money will be denominated in hryvnias and will be used as either working capital loans for small businesses and investments, the banks aid.

Raiffeisen Bank Aval will receive a credit line in hryvnias with the limit of EUR 25 million in equivalent, ProCredit Bank – EUR 20 million in equivalent, and OTP Bank – EUR 25 million in equivalent.