Direct foreign investments grow about 63.3%
Direct foreign investments (DFI) in Ukraine grew by 63.3% ($741.6m) in January-September, the State Statistics Committee announced.
Direct foreign investments (DFI) in Ukraine grew by 63.3% ($741.6m) in January-September, the State Statistics Committee announced.
The EBRD has confirmed the participation of Kyiv-based Ukrsotsbank in a funding program for agro- traders and producers with grain supplies as collateral and will open a US$10 million line of credit until August 2004.
Kreditanstalt fuer Wiederaufbau (KfW) of Germany has allocated a Ђ2.6 million loan to Ukreximbank, one of Ukraine's biggest banks, as part of a Ђ15.3 million, 10-year deal signed in 1998.
The World Bank board have approved an aid strategy for Ukraine in 2004-2007, envisaging loans of up to $3 billion, said the head of the Bank's office in Ukraine.
The European Bank for Reconstruction and Development (EBRD) has disbursed US$33 million to Ukraine as a second tranche on a second credit line for small- and medium-sized enterprises (SMEs).
Arsen Yatsenyuk, first deputy chairman announced that The National Bank of Ukraine (NBU) plans to leave its discount rate at 7% annually in 2003, provided annual inflation does not exceed 6%.
A loan of US$30.9m loan has been granted by the European Bank for Reconstruction and Development (EBRD) to support the acquisition of new tonnage by Ukrrichflot, Ukraine's largest ship operator. It is the bank's third transaction with the firm.