KYIV, Oct 23 – The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has agreed to work on a capital increase of EUR 3-5 billion by the end of the year to provide maximum support to Ukraine during the war and during the recovery phase, the bank said in a statement on Monday.
"If approved, could give the EBRD additional resources to invest," the release notes.
According to it, after signing an agreement with the MHP agricultural holding to provide it with a $100 million loan to refinance eurobonds on Monday, the total amount of financing allocated to the real sector of the Ukrainian economy in 2022-2023 reached the level of EUR 3 billion planned for these two years.
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