OREANDA-NEWS. December 04, 2009. KfW and MEGABANK,PJSC have signed an agreement about providing the bank with long-term financing, reported the press-centre of MEGABANK.

The equivalent of EURO 4,4 million are granted to MEGABANK,PJSC in the form of subordinated loan for 7 years.

As the Chairman of the Management Board of MEGABANK,PJSC Olena Zhukova, the signing of this agreement was held within the framework of provided in August this year packages of long-term financing. As per her words, the finds of subordinated loan will increase the bank’s capitalization and provide additional opportunities for lending small and medium businesses.