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Ukreximbank charter fund gets UAH 4.6 bln injection

Ukreximbank charter fund gets UAH 4.6 bln injection

23 February 2010

The Cabinet of Ministers decided yesterday to increase the charter fund of Ukreximbank, the state-owned export-import bank, by UAH 4.6 bln to UAH 16.4 bln. The funding will be used to provide loans to military and industrial companies. Financing will be attracted via the placement of local sovereign debt.

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