KIEV, May 7 – The European Bank for Reconstruction and Development is allocating financial support of $125 million to subsidiaries of UniCredit Group in Ukraine – Kiev-based Ukrsotsbank and UniCredit Leasing Ukraine.
"The EBRD council has approved two credits worth $125 million to Ukrainian financial institutions... The bank plans to issue a subordinated loan to Ukrsotsbank to support its own funds and issue funds to credit Ukrainian companies. The EBRD also plans to issue $25 million credit to UniCredit Leasing Ukraine," reads the announcement.
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