Deutsche Bank provided Ukraine a loan of EUR 529 million, which is secured with a Policy-Based Guarantee (PBG) from the World Bank, on February 28, 2019.
The Ministry of Finance announced this in a statement, the Ukrainian News Agency reports.
Deutsche Bank provided the loan of EUR 529 million in two tranches: EUR 240 million with a maturity of four years and EUR 289 million with a maturity of 10 years.
This loan was secured with the second part of a USD-750-million PBG from the World Bank.
As Ukrainian News Agency earlier reported, the World Bank provided USD 750 million in PBG to Ukraine on December 18.
Ukraine received a World Bank-guaranteed loan of EUR 349.3 million in late December.
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