loan

Putin signs law to write off loans for Russians joining war against Ukraine

Russian dictator Vladimir Putin signed a law on Nov. 23 allowing Russians who join the war in Ukraine to cancel overdue loans of up to $104,000, TASS reported on Nov. 24.

24 November 2024, 10:55 AM

Ukraine to receive four IMF tranches in 2025 instead of two

Ukraine will receive more than $2.6 billion in four tranches from the International Monetary Fund (IMF) next year, according to the IMF's updated Memorandum of Economic and Financial Policies with Ukraine as part of the fifth review of the loan program published on Oct. 18.

21 October 2024, 10:35 AM

EU Committee supports €35 billion loan to Ukraine using frozen Russian assets

The European Parliament's Trade Committee has supported an initiative to provide Ukraine with a €35 billion loan, which will be repaid using profits from frozen Russian assets, according to a press release from the committee on Oct. 14.

15 October 2024, 11:11 AM

South Korea to grant Ukraine a $100 million subsidized loan

Kyiv and Seoul have signed an agreement for a $100 million concessional loan to support Ukraine’s public finances, the Ukrainian Finance Ministry announced on Oct. 2.

3 October 2024, 01:25 AM

Moldova to receive loan from Canada to support Ukrainian refugees

Canada will provide the Moldovan government with a low interest loan of CAD 120 million ($88 million) to help house Ukrainian refugees, Canadian Foreign Minister Mélanie Joly announced on Sept. 17.

17 September 2024, 11:49 PM

Ukraine's National Bank head updates on the country's banking system status

Despite the shock from the Russian invasion, Ukraine's banking system remains profitable, National Bank head Andriy Pyshnyi said in an NV interview on Sept. 12.

12 September 2024, 12:50 PM

Ukraine starts stockpiling gas with EBRD loan for emergency reserves

Naftogaz Group has begun purchasing natural gas to be stored under a customs warehouse regime, using a €200 million ($222 million) credit line from the European Bank for Reconstruction and Development (EBRD), Interfax-Ukraine reported on Aug. 28.

30 August 2024, 07:30 PM

Ukraine set to receive $50 billion G7 loan by October

The G7 countries are likely to finalize a framework agreement to provide Ukraine with a $50 billion loan using proceeds from frozen Russian assets by October, European Economic Commissioner Paolo Gentiloni announced during a meeting of G20 finance ministers and central bankers in Rio de Janeiro, Reuters reported on July 25.

26 July 2024, 11:13 AM

Ukraine and UK sign $2.6 billion defense loan agreement

Ukrainian Defense Minister Rustem Umerov and his British counterpart John Healey signed an agreement for loan support in defense capabilities the Ukrainian President’s Office reported on its website on July 19.

19 July 2024, 05:15 PM

Ukraine seeks wider investor input on Eurobond restructuring terms

Ukraine's Finance Ministry announced on June 17 that the upcoming consultations on Eurobond restructuring will expand beyond the confines of the special creditors' committee, which currently represents about 20% of Eurobond holders.

17 June 2024, 04:10 PM

US-Europe rift over $50 billion Ukraine loan ahead of G7 summit

G7 leaders are poised to endorse a $50 billion loan to Ukraine secured by frozen Russian assets at the June 13-15 summit in Italy, though a significant U.S.-Europe rift may delay the final decision until fall, Politico reported on June 11.

12 June 2024, 02:01 PM

Zelenskyy signs law unlocking World Bank’s $1.5 billion development loan to Ukraine

Ukrainian President Volodymyr Zelenskyy has officially signed a law that strengthens the National Securities and Stock Market Commission (NSSMC), according to Ukraine parliament's web-site.

25 March 2024, 03:01 PM

Ukraine loan proposal gains traction in GOP - Politico

Congressional Republicans are getting serious about one potential solution to the monthslong fight over Ukraine aid as U.S. House speaker Mike Johnson told his GOP colleagues to put the loan proposal together, Politico reported on March 19.

19 March 2024, 06:57 PM

Top House Republicans consider separate Ukraine aid bill

House Speaker Mike Johnson and the chairmen of key House committees dealing with national security are working to develop their own Ukraine aid package that would treat non-military aid as a “loan,” NBC News reported on March 9.

9 March 2024, 12:45 PM

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