OREANDA-NEWS. September 18, 2009. The National Bank of Ukraine reported yesterday that the total external debt of Ukraine increased by 1.1% qoq in 2Q09 to USD 100.6 bln.

Concorde Capital: The increase was due to Ukraine receiving the tranche (USD 2.8 bln) of its loan from the International Monetary Fund in June. The money was split almost equally between the government and the NBU (the last tranche from the IMF in the amount of USD 3.3 bln was received in July and was not reflected in the official external debt figures yet). External debt of the private sector in declined 3.7% or by USD 2.9 bln in 2Q09. The total current level of external debt stands now at 58% of GDP.

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.