On June 19, the EBRD board is expected to approve leading an

Wednesday, May 29, 2019
On June 19, the EBRD board is expected to approve leading an

On June 19, the EBRD board is expected to approve leading an €80 million syndicated loan to support renewable energy and energy efficiency in Ukraine. The EBRD would cover half of the loan, which would go to Ukreximbank, the nation’s third-largest bank in terms of assets. With many buildings and factories built in the era of cheap Soviet gas, Ukraine is investing to modernize and winterize.

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Ukraine’s debt default scare is over, say two Kyiv investment houses.

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