KIEV, Sept. 18 – An agreement on the World Bank's issuing a $400 million loan to revive Ukraine's banking sector was signed in Kiev on Friday.
Economics Minister Bohdan Danylyshyn and World Bank Country Director for Ukraine, Belarus and Moldova Martin Raiser signed the document.
The five-year loan is part of a $750 million credit package intended to stabilize Ukraine's financial sector. A second loan of $350 million is due to be allocated next year.
|