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Ukrainian govt lifts limitations imposed on Oschadbank lending
Journal Staff Report

KIEV, May 26 ??“ The Ukrainian government lifted limitations previously imposed on Oschadbank, the state-owned savings bank, allowing the bank to increase lending transaction by fully tapping deposit resources.

Previously, the lending should not have exceeded UAH 2.2 billion a year, while the interest rate should not have been higher than 80% of the average rate set by Ukraine's largest banks.




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