Bank Forum could obtain USD 100 mln loan from EBRD

According to Interfax, Bank Forum (FORM) could receive a USD 100 mln subordinated loan from the European Bank for Reconstruction and Development. Yesterday a local representative of the EBRD in Ukraine said that it was currently in negotiations with five banks on investment programs (four regarding subordinated loan programs and one within the framework of support to its global parent); agreements could be signed in May-June. In February, EBRD President Tomas Mirov, while on a visit to Ukraine, said the international financial institution was ready to invest up to EUR 500 mln to recapitalize 10-20 Ukrainian banks.