Saturday, August 24
Укр Eng
Log In Register
PoliticsNeighboursEconomicsSocietyCultureHistoryOpinionsArchivePhoto Gallery
1 March, 2019

Ukraine obtains second world bank-guaranteed loan of EUR 529 million

Deutsche Bank provided Ukraine a loan of EUR 529 million, which is secured with a Policy-Based Guarantee (PBG) from the World Bank

The Ministry of Finance announced this in a statement.

Deutsche Bank provided the loan of EUR 529 million in two tranches: EUR 240 million with a maturity of four years and EUR 289 million with a maturity of 10 years.

This loan was secured with the second part of a USD-750-million PBG from the World Bank.

As Ukrainian News Agency earlier reported, the World Bank provided USD 750 million in PBG to Ukraine on December 18.

Ukraine received a World Bank-guaranteed loan of EUR 349.3 million in late December.

Ukrainian News Agency


Related publications:

Copyright © Ukrainian Week LLC. All rights reserved.
Reprint or other commercial use of the site materials is allowed only with the editorial board permission.
Legal disclaimer Accessibility Privacy policy Terms of use Contact us