Ukraine's central bank allocates over $165 mln for refinancing of three banks

Photo from UNIAN

In particular, the state-owned banks received UAH 2 billion ($71.8 million) each, while UAH 625 million ($22.4 million) was forwarded to Alfa-Bank, it said.

Read alsoOschadbank to receive EIB guarantee of EUR 50 mln for lending small, medium-sized businessesUkrainian government bonds were used as collateral to obtain the loans.

As UNIAN reported earlier, Ukrainian banks' debt before the National Bank on refinancing loans amounted to UAH 66.333 billion ($2.4 billion) as of December 1, 2017, which was 4.6% up from November 1, 2017.