OREANDA-NEWS. February 08, 2010. European Investment Bank announced about its intentions to lend small and medium enterprises of Ukraine for EUR 100mn. The entire funds amount will be provided to the bank Forum.

Millennium Capital: the news is positive for FORM, and is expected to increase its credit portfolio by around 6%. Along with the expected FORM’s charter fund increase (by 48% or UAH 1.1bn) scheduled to either 4 or 18 March 2010, this will stimulate its operational activity.

The Joint-Stock Commercial Bank FORUM is a commercial bank headquarted in  Kyiv, Ukraine offering a range of banking services through a network of branches and operational offices. FORUM Bank is one of the largest banks of  Ukraine.