Government decides to additionally capitalize Ukreximbank for UAH 6.8B

Government decides to additionally capitalize Ukreximbank for UAH 6.8B

Ukrinform
The Cabinet of Ministers of Ukraine has decided to additionally capitalize Ukreximbank for UAH 6.8 billion by issuing 15-year government domestic loan bonds at a rate of up to 9.3% to the authorized capital, the Finance Ministry reports.

“On the suggestion of the NBU, the required amount of additional capital for Ukreximbank according to the results of a diagnostic survey is currently UAH 6.8 billion," said Deputy Finance Minister for European Integration Yuriy Drahanchuk.

According to the memorandum between Ukraine and the IMF, the Finance Ministry provides for the possibility of issuing government domestic loan bonds for UAH 20 billion to support banks and the Deposit Guarantee Fund. According to the government's decision, the rate of 15-year government domestic loan bonds cannot exceed a yield of 9.3% per annum.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-