Головна сторінка
/
Новини
/

Bank Forum Might Receive USD 50 mln Loan from EBRD

Bank Forum Might Receive USD 50 mln Loan from EBRD

27 October 2008

Bank Forum (FORM: BUY) and the European Bank of Reconstruction and Development (EBRD) have signed a mandate letter on new projects that bring USD 50 mln to Bank Forum to provide long-term financing for private mortgage loans and develop its loan program for small and medium-size businesses, according to a statement by the bank. In 2005, the EBRD opened a credit line for Bank Forum for USD 10 mln to provide credit to small and medium-size businesses and USD 7 mln to finance micro-crediting. Alexander Viktorov: Combined with the bank’s recent USD 100 mln Eurobond and USD 60 mln syndicated loan, this EBRD loan will further improve the bank’s funding base. The bank’s external borrowing has kept the bank’s funding longer-term and relatively cheap compared with local resources.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...