The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is providing a financing package of over EUR 30 million to IMMER Group, a leading Eastern European producer of flexible packaging, to support export-led economic growth job creation in Ukraine, according to Emerging Europe.
IFC, a member of the World Bank Group, and Ukraine's Ministry of Infrastructure signed a Memorandum of Understanding confirming their intent to launch public-private partnerships (PPPs) and mobilize much-needed private investment into the country's transportation sector, according to an IFC statement.
For the first time in the history of Ukraine, Raiffeisen Bank Aval has offered the International Finance Corporation (IFC) a loan in the national currency, according to the bank's press service.
IFC, a member of the World Bank Group, will be providing up to $15 million to the Emerging Europe Growth Fund III (EEGF III) to help expand access to finance for small and medium enterprises in Ukraine, part of a larger effort to support economic growth and create jobs, according to The Financial.