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National Bank of Switzerland has provided a loan of 200 million dollars to the NBU
17:13, 18 April 2016
National Bank of Switzerland has provided a loan of 200 million dollars to the NBU

These funds can be attracted in several tranches and will be directed for replenishment of the international reserves of the country

17:13, 18 April 2016

dsnews.ua

“The National Bank of Ukraine has signed a bilateral agreement with the National Bank of Switzerland. The Agreement implements the agreements of President of Ukraine Petro Poroshenko and President of the Swiss Confederation Johann Schneider-Ammann on increase of humanitarian and financial aid of Switzerland to Ukraine”, - reported in the statement.

As remarked, the purpose of the loan agreement between the central banks of Ukraine and Switzerland is additional financing by the International Monetary Fund according to the mechanism of extended financing, which will facilitate stabilization of the financial system of Ukraine.

According to the press service, the Agreement stipulates granting a loan to Ukraine in the amount of USD 200 million. These funds can be attracted in several tranches and will be directed towards replenishment of the international reserves of the country.

Related: Japan granted Ukraine USD 331 mln-worth loan, - Finance Ministry

Related: IBRD gives $ 300 mln loan for Ukrainian energy efficiency project

Related: Poland, Ukraine ratify EUR 100 mln worth loan agreement

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