Alfa Bank (Ukraine) extends its UAH 750mn loan Kyiv city.

By bne IntelliNews July 27, 2010
One of the largest Ukrainian banks, Kyiv-based Alfa Bank (Ukraine), has prolonged the loan of UAH 750mn to the Kyiv city state administration, the financial institution has said. The bank noted that thanks to readiness of the borrower to timely and fully implement commitments as for the servicing of the loan, the bank has tree times lowered the interest rate. Since July 2010, the interest rate is 16% per annum. Besides, according to the report, the sides agreed to restructure loans to municipal enterprises: Kyivskyi Metropoliten and Kyivpastrans. In April 2009, Alfa Bank (Ukraine) granted UAH 750mn to the Kyiv city state administration. As earlier reported, the assets of Alfa Bank (Ukraine) were valued at UAH 27,288.8mn as of April 1, 2010, when its loans to clients and its clients' loan debts amounted to UAH 25,756.2mn and its equity capital amounted to UAH 2,292.4mn. The bank ended entire 2009 with a loss of UAH 348.405mn.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss