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Ukrgasbank provides EUR 12.15 mln in trade finance for critical imports to two companies from Rivne region
KYIV. Sept 14 (Interfax-Ukraine) – State-owned Ukrgasbank (Kyiv) has provided EUR 12 million and EUR 150,000 in trade finance for critical imports to two companies from Rivne region under EBRD guarantees, the bank’s press service said on Wednesday.
According to the report, in general, the bank has concluded deals for financing critical imports in the amount of EUR 150 million.
Since the beginning of the war, the bank has received a portfolio of trade finance agreements worth more than UAH 14 billion.
JSB Ukrgasbank was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.
According to the data of the National Bank of Ukraine, as of June 1, 2022, Ukrgasbank ranked fifth (UAH 129.52 billion) among 69 banks operating in the country in terms of total assets.
