Ukrsotsbank to Attract USD 3.8 bln in 2008

28 January 2008

Ukrainian News reported that Ukrsotsbank (USCB: BUY) plans to attract EUR 2.6 bln (USD 3.8 bln) on external markets in 2008. The bank’s chairman Boris Timonkin said that the funds will be attracted through Eurobonds, syndicated loans, etc. Last week, Italian UniCredit Group announced that it completed its takeover of Ukrsotsbank.

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