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Kreditpombank Seeking USD 30 mln Syndicated Loan

Kreditpombank Seeking USD 30 mln Syndicated Loan

28 November 2008

Has announced plans to attract a USD 30 mln one-year syndicated loan to support its further lending growth. The bank has mandated Fortis Bank to arrange the loan. In July the bank received a USD 40 mln one-year loan at LIBOR+2.95%. Kreditprombank is Ukraine’s 13th largest bank in terms of assets.

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