OTP Lends USD 100 Million to Raiffeisenbank Ukraine

20. Juli 2006, 00:00

Hungarys OTP Bank has lent USD 100 million to Raiffeisenbank Ukraine , a press release of the Ukraine-based...

Hungarys OTP Bank has lent USD 100 million to Raiffeisenbank Ukraine, a press release of the Ukraine-based bank reads. This represents the first transaction between the two banks since OTP became 100-per-cent stakeholder in Raiffeisenbank Ukraine.

The funds will be used to increase the lending product range, Dmytro Zinkov, chair of Raiffeisenbank Ukraine, said.

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