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Bank Forum Draws USD 7 mln Loan From EBRD.

Bank Forum Draws USD 7 mln Loan From EBRD.

20 October 2008

Ukraine’s Bank Forum attracted a USD 7 mln loan from the EBRD to finance small and medium-sized enterprises (SME). As of July 1, 2005 Forum’s assets amounted to USD 527 mln making the bank 13-th largest Ukrainian bank with a 1.6% market share. Concorde Capital: Since 2000 Forum has been working with the EBRD within the SME financing program. Earlier this year the EBRD started granting Bank Forum loans to finance SMEs without government guarantees.

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