One Ukrainian state bank will be reorganized into a bank for reconstruction. To accumulate and distribute resources for reconstruction, Ukraine needs to create a specialized state development bank (created by reformatting one of the five state banks), which will be removed fro... #DanyloHetmantsev #UkraineReconstruction #UkraineRecovery #Ukreximbank #ukrgazbank
State banks have begun to insure vessels that export goods through the sea corridor. State-owned Ukreximbank and Ukrgasbank, at the request of the Export Credit Agency, issued letters of credit for $10M each in favor of a pool of 14 British insurance companies to reduce the cost of in... #BlackSeaCorridor #ExportCreditAgency #InsuranceUkraine #UkrainianShipInsurance #Ukreximbank #Ukrgasbank
Fitch changed the ratings of two Ukrainian state banks. The international rating agency, Fitch Ratings, raised the stability ratings of two state banks of Ukraine – Oschadbank and Ukrgasbank – and confirmed the rating of another state bank R... #FitchRatings #oschadbank #UkrainianBanks #Ukreximbank #Ukrgasbank
MIGA will provide three Ukrainian state banks with up to $10M in guarantees for EBRD trade financing. The Multilateral Investment Guarantee Agency (MIGA), as part of a joint project with the European Bank for Reconstruction and Development (EBRD), will provide state-owned Ukrgasbank, Ukreximbank, and ... #MIGA #OschadbankUkraine #Ukreximbank #Ukrgasbank
Ukreximbank and the EBRD will launch a new lending program for farmers. State Export-Import Bank Ukreximbank and the European Bank for Reconstruction and Development will launch a new lending program for farmers. According to the Ministry of Agrarian Policy, representati... #ebrd #LoansforFarmers #Ukreximbank
Ukreximbank raises $100M from the World Bank to provide medium- and long-term financing. The Law on Ratification of the Guarantee Agreement between Ukraine and the International Bank for Reconstruction and Development allows Ukreximbank to attract a state-guaranteed loan of $100M for 20 ... #Ukreximbank #worldbank
Ukreximbank extends a loan to build the An-32P firefighting aircraft. The state enterprise Antonov received funds from Ukreximbank to produce a specialized aircraft, An-32P, according to the Militarniy website. The agreement to build the firefighting aircraft and create... #AntonovAn32P #AntonovFirefighterPlane #antonovplanes #Ukreximbank
Ukreximbank sells loan claims for grain terminal in Ochakiv port. The state-owned bank has put the right of claim for sale under a loan agreement secured by a mortgage on a grain terminal at the Ochakiv seaport. The starting price is UAH 36.7 mln ($1.4 mln), and the... #OchakivPort #OchakivPortLoans #Ukreximbank
Ukreximbank is looking to offload its problematic loan portfolio which is valued at UAH 24 bln ($912 mln) in an online auction. The first auction with a starting price of UAH 7 bln ($266 mln) will take place on November 3, 2021. Ukreximbank which is state-owned, will start selling non-performing loans (NP... #NPL #UkraineNonPerformingLoans #Ukreximbank