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 years to finance Ukrainian private enterprises in difficult times of war for our country. The loan’s funds will be used to finance sectors of the economy that are considered strategic in martial law in accordance with the adopted regulations. Ukreximbank will provide medium- and long-term loans both to finance investment projects and to replenish working capital, in particular, it is planned to finance a sowing company, purchase fuels, lubricants, as well as other materials, equipment and raw materials needed by Ukrainian enterprises.