IMF: Loan conversion bill would impose significant cost on banks in Ukraine

16:08, 13 July 2015
Economy
94 0

A bill on the restructuring of foreign currency consumer loans adopted by the Ukrainian parliament on July 2 providing for the conversion of the loan balance at the date when a credit agreement was signed, would "impose a significant cost on banks" in Ukraine, according to Director of the International Monetary Fund's European Department Poul M. Thomsen.

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