KYIV, Aug 31 – Ukreximbank, the sate-owned bank, is looking for cheaper ways of financing its debt and is holding talks with creditors to swap short-term debts with longer maturity debt, Yevhen Metzger, Chairman of the Management Board, said.

"Today the main price characteristics of our external resource are quite high... Therefore, we look at all economic basic principles and consider the possibilities of reducing the cost of resources both for bonds and other open credit lines. We are negotiating with everyone," the head of Ukreximbank said.