Megabank Announced YE2008 Lending Results
OREANDA-NEWS. February 12, 2009. As a lender, Megabank operates under four credit lines committed by, reported the press-centre of Megabank:
JSC Ukreximbank in partnership with World Bank - Second Export Development Project in Ukraine (US10 m);
European Bank for Reconstruction and Development (EBRD) – Small and middle-sized enterprises (SME) development in Ukraine (US 20 m);
German and Ukrainian Fund (GUF) – SME lending (EUR5 m);
KfW, a government-run German Bank for Development (KfW) – SME lending (US 10 m).
Megabank reports 191 loan agreements and three subloan projects, with a total of US 17.8 m and EUR5 m.
“We are happy about our lending operations we have maintained under international credit lines in 2008. Last year, we established successful ties with German and Ukrainian Fund and KfW. And we continued to proactively follow up with EBRD and World Bank under Second Export Development Project in Ukraine. Our objective is to extend and improve our relations with international financial institutions” – Olena Zhukova, Megabank’s CEO, reported.
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