EBRD channels EUR 934mn in Ukraine's economy in 2012.

By bne IntelliNews January 14, 2013
The European Bank for Reconstruction and Development (EBRD) has channeled EUR 934mn in Ukraine's economy within the frames of financing 35 projects, down by 8.4% y/y. Out of these funds, 71% fell on private companies, 29% - on projects in the state sector. Investments were made in different sectors, from the real estate sector to coal refuse processing, the EBRD informs. The largest bank's project in Ukraine last year was a credit to the Dnipropetrovsk Metropoliten under the state guarantee to the amount of EUR 152mn, as well as a complex program started for modernization of central heat supply, water supply and sewerage systems. Also, crediting of key clients in the transport sector continues, such as Ukrzaliznytsia, Ukraerorukh and private transport companies - Ukrainian new traffic company and Pivdenreftransflot. Moreover, around EUR 180mn was allocated for projects in agriculture. The EBRD is the largest financial investor in Ukraine. As of January 1, 2013, the bank undertook allocated over EUR 8.2bn within the frames of 318 projects.
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