OREANDA-NEWS. On 13 August 2009 was announced, that Pivdenny Bank attracted a five-year EUR 3.8 mln subordinated loan from East Capital Explorer Financial Institutions Fund (Sweden), the Ukrainian lender reported yesterday.

Concorde Capital: The bank’s Eurobonds have been completely illiquid for the last few months, hence we do not expect the news to impact their price.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.