The State Export-Import Bank of Ukraine, or Ukreximbank, is planning to raise a 50-million euro loan from the European Bank for Reconstruction and Development (EBRD) as part of a program to promote foreign trade, the Ukrainian Finance Ministry said in a press release.
"Representatives of Ukreximbank and the EBRD signed an agreement on [Ukreximbank] joining an EBRD program to facilitate trade. In accordance with the agreement, Ukreximbank will receive a loan from the EBRD for 50 million euros," the release says.
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