Thursday 20 June 2013

EBRD could provide 25-30% of its total financing in hryvnias

"The European Bank for Reconstruction and Development (EBRD) could provide 25-30% of its total financing to Ukraine in hryvnias.

“We give around 30% of general financing in Russia over the past year in Russian rubles. I think that we could provide 25-30% of our total financing in Ukraine in hryvnias,” EBRD's Director for Local Currency and Capital Markets Development Andre Kuusvek said at a press conference on Wednesday.

He said that EBRD plans to start crediting in hryvnias this year."

'via Blog this'

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