EBRD boosts support for Ukraine's banks with new commitments
Ukraine, Sept. 23 -- The European Bank for Reconstruction and Development (EBRD) is strengthening its support for Ukraine's banking sector and real economy by signing four new agreements with partner banks.The agreements - signed at the Fourth Annual EBRD Roundtable on Banking Sector Resilience in Wartime Ukraine - will help ensure continued access to finance for Ukrainian businesses and households, strengthen the resilience of the banking sector and support the country's economic recovery amid the ongoing war.The agreements comprise a new €30 million equivalent local-currency senior loan for ProCredit Bank Ukraine, a €10 million equivalent local-currency tranche for Bank Lviv and two €50 million portfolio risk sharing (PR...
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