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F&C Bank draws USD 12.5 mln subordinated loan

F&C Bank draws USD 12.5 mln subordinated loan

5 February 2010

Finance & Credit Bank took out USD 12.5 mln in subordinated debt for seven years from Bloonshine Ltd (UK), the bank reported yesterday, according to Interfax. F&C’s Board Chair Vladimir Khlyvnyuk, in a press release, said the bank plans to attract no less than UAH 200 mln in 1H10 to increase the bank’s capital.

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