Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Tuesday, August 15, 2017
EBRD provides local currency credit line in Ukraine
Loan to OTP Leasing Ukraine to support local SMEs and boost domestic leasing
The EBRD is providing a local currency loan in
Ukraine
in the amount of UAH 514,000,000 (US$ 20 million equivalent) to OTP Leasing (OTPL).
The funds will help OTPL to expand its operations in local currency to small and medium-sized enterprises (SMEs) across the country and to manage its balance-sheet currency structure. The use of local currency will give great comfort to potential borrowers, who will not be exposed to foreign exchange risks.
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