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Nikopol Ferroalloys Plant agrees to repay PrivatBanks loans
Journal Staff Report

KYIV, Aug 29 The Economic Court of Dnipropetrovsk region on August 28 approved an amicable agreement between the National Bank of Ukraine (NBU) and Nikopol Ferroalloys Plant (Dnipropetrovsk region), that is the property guarantor of PrivatBank's (Kyiv) credit obligations to the central bank under the refinancing loan.

According to the amicable agreement initiated by the plant, the latter undertakes to pay off the debt in the amount equal to the market value of the collateral property, which the National Bank foreclosed in this process.




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