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The economic situation in Ukraine in 2007 was positive: It recorded a growth rate of 9.0% in 2006, 11.5% in 2007 and a forecast of 10.8% in 2008. The country s long-term economic prospects depend on acceleration of its market reforms. Although Ukrainian...
#bank#exports#interest rates
JSCIB UkrSibbank, has attracted a US$50m credit line from the European Bank for Reconstruction and Development. (more…)
Pivdenny Bank has received a syndicated loan for US$30m at LIBOR+2.4% annually. (more…)
#bank#banks#LIBOR
The European Bank for Reconstruction and Development is providing a US$20m loan to Kharkiv based Megabank. (more…)
Polish Getin Bank plans to launch factoring operations in Ukraine. (more…)
#bank
One of the most noticeable trends in the Ukrainian financial market is the growing demand for factoring services. Ukrainian factoring…
#bank#exporters#international
OTP Group plans to set up a new financial group in Ukraine in 2007 that will include factoring, leasing and…
#bank#insurance#leasing
The European Bank for Reconstruction and Development (EBRD) is providing a US$42 m loan to Ukraine s Kreditprombank. It will…
#bank#banks#funding
The World Bank's Board of Executive Directors has approved a US$154.5m loan for the Second Export Development Project (EDP2).The project…
#bank#exporters#exports
National Bank of Ukraine lowered the discount rate by (more…)
According to Mria Bank chairman Konstantin Vorushilin, Vneshtorgbank (VTB) is to open a $100m credit limit for Kyiv's Mria bank,…
#bank#SME lending#smes
The European Bank for Reconstruction and Development (EBRD) intends to engage a consultancy firm to assist the selected issuing banks…
Receivables finance is still in its infancy in the Ukraine, but an increasing number of small businesses are viewing it…
#bank#receivables#small businesses