Forum Bank: Mortgage Loan

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The proposed Project consists of an A/B structure syndicated loan of up to USD 30 million to Bank Forum (B-Loan to be syndicated), for on-lending to its private sector business customers. The facility will support the diversification of Bank Forum’s funding and the expansion of its SME and privately owned client base in Ukraine. The project will have a significant transition impact in the following areas: help Bank Forum to diversify its funding base and increase maturity of its borrowings from the commercial loans market support development of the private companies and banking sector in Ukraine by increasing medium-term financing to the productive sector of the economy through domestic banks thereby facilitating the strengthening of the domestic production Bank Forum is a joint stock company organised under the laws of Ukraine, with total assets USD 994 million, shareholders’ equity USD 96 million, and profit USD 3.4 million in H1 2006. The bank has more than 140 branches and banking outlets all across Ukraine. Up to USD 30 million loan with an A/B structure. Up to USD 20 million B-Loan to be syndicated. USD 30 million. Bank Forum will be required to comply with the EBRD’s Environmental Procedures for Intermediated Financing through Local Banks, including ensuring compliance with the applicable national environmental, health, safety and labour standards and regulations, adherence to the EBRD’s Environmental Exclusion and Referral List and submission of annual environmental reports to the Bank. None. Mr Oleksiy Pavlov, Head of International Business Tel: +38 044 205 3559 Fax: +38044 5810432 E-mail: apavlov@forum.com.ua