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Spain launches €20 million financing facility for Ukraine reconstruction

Fernando Salazar, director general for International Business at ICO, signs agreement with Natalia Gurina, chairwoman of the management board of Raiffeisen Bank Ukraine. (Photo by Raiffeisen Bank Ukraine)

Spain's Official Credit Institute (ICO), export credit agency Cesce and Raiffeisen Bank Ukraine have launched a €20 million financing facility to support reconstruction projects involving Spanish companies in Ukraine.

The financing, which will be channelled through Raiffeisen Bank Ukraine, will target investments in infrastructure, engineering, energy, transport and technology, the lender said in a press release.

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