Ukraine raises EUR 529 mln under World Bank guarantee

That's including EUR 240 million for four years and another EUR289 million for a 10-year period.

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Ukraine has received from DeutscheBank a EUR 529 million loan under the guarantee of the World Bank.

According to the Ministry of Finance, the funds were provided in two tranches: EUR 240 million with a repayment period of 4 years and EUR 289 million – for 10 years.

Read alsoUkraine's banking system posts over US$201 mln in profit in January

As UNIAN reported earlier, in December 2018, the World Bank approved the provision to Ukraine of a $750 million financial guarantee.

Under the guarantee, Ukraine in December attracted to the state budget a total of EUR 349.3 million.

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