International incorporate first received a loan in local currency

For the first time in the history of Ukraine, the Bank has provided the International Finance Corporation (IFC) loan in local currency. About it reports a press-service financial institution.

A loan of 400 million issued by the Bank for 8 years Raiffeisen Bank Aval. These funds IFC will Finance investment projects of Ukrainian companies.

“Prior to this, the Corporation provided financial support for Ukrainian companies in foreign currency”, – stated in the message.

SEE ALSO

  • NBU allowed banks to buy more foreign currency

As you know, recently the national Bank of Ukraine has allowed international financial institutions to lend to customers in local currency. In June the European Bank for reconstruction and development issued its first loan in local currency of $ 530 million.

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