ARTEMOVSK NONFERROUS PLANT SECURES 100 MLN HRYVNI BANK LOAN

摘要

First Ukrainian International Bank extended a loan of 95.95 million hryvni to the Ar-temovsk Nonferrous Metals Processing Plant. The agreement for the two-year loan was signed on July 3, the bank said on July 13. The interest rate on the loan is 10.9 percent annually. In addition, Kyiv-based Ukrsotsbank increased a multi-currency renewable credit line that was opened to the plant in June 2005 to 9.5 million dollars from 7 million dollars, the bank announced on July 12.