KIEV, May 15 ??“ UkrSibbank, Ukraine??™s No. 3 bank, is increasing the two-year syndicated loan by $100 million, to $250 million, Interfax-Ukraine reported Tuesday citing a financial industry source.

The increase of the credit was possible due to high demand of the investors for participation in the syndicate, the news agency reported.
The credit is organized by BNP Paribas (France), BayernLB (Germany) and HSBC Bank (Great Britain). The credit rate was expected to be Libor+1.1%.