KIEV, June 1 – Ukrainian banks will be able to reach agreement on putting off $10 billion in foreign loan repayments due in 2009, while the overall sum of such repayments is valued at about $21 billion, according to Senior Banker at the European Bank for Reconstruction and Development Anna Tokarz.
Speaking at a private investment forum organized by Raiffeisen Bank Aval and Raiffeisen Investment in Kiev on Friday, Tokarz said her forecast is based on the expectation that most of foreign-based parent banks will prolong loans issued to their Ukrainian-based subsidiaries.
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