Photo Gallery

1. The TAS group s head Serhii Tihipko		2. The TAS group s head Serhii Tihipko		3. The TAS group s head Serhii Tihipko
4. The TAS group s head Serhii Tihipko		5. The TAS group s head Serhii Tihipko		6. The International Finance Corporation s Executive Vice President and CEO Lars Thunell
7. The International Finance Corporation s Executive Vice President and CEO Lars Thunell		8. The International Finance Corporation s Executive Vice President and CEO Lars Thunell		9. The International Finance Corporation s Executive Vice President and CEO Lars Thunell
10. The International Finance Corporation s Executive Vice President and CEO Lars Thunell and the TAS group s head Serhii Tihipko		11. The International Finance Corporation s Executive Vice President and CEO Lars Thunell and the TAS group s head Serhii Tihipko		12. The International Finance Corporation s Executive Vice President and CEO Lars Thunell and the TAS group s head Serhii Tihipko

This is stated in the agreement on provision of the loan.

The document was signed on August 27.

The loan was provided from IFC's own accounts.

IFC will also play a critical role in mobilizing parallel and syndicated loans of approximately USD 69 million in order to complete the financing package to Swedbank and Swedbank Invest.

Swedbank has already obtained a syndicated loan of USD 14 million and plans to obtain USD 50 million in the September-October period of 2008.

USD 70 million was provided for five years, USD 14 million for two years, and USD 50 million is expected to be provided for five years.

Swedbank and Swedbank Invest will on-lend the money to small and medium enterprises and residential mortgage borrowers.

The interest rate on the loan has not been disclosed.

As Ukrainian News earlier reported, the net assets of Swedbank Invest were valued at UAH 4,399.3 million as of July 1, 2008, when the bank's loan portfolio amounted to UAH 3,065.9 million and its equity capital UAH 567.3 million.

The bank ended the January-June period of 2008 with a profit of UAH 78.768 million after ending the entire 2007 with a profit of UAH 60.075 million.

Swedbank Invest is registered as a closed joint-stock bank.

Swedbank AB (Sweden) owns 100% of the shares in Swedbank Invest.

The net assets of Swedbank were valued at UAH 10,628.7 million as of July 1, 2008, when its loan portfolio amounted to UAH 8,781.9 million and its equity capital UAH 1,436.9 million.

The bank ended the January-June period of 2008 with a profit of UAH 15.772 million after ending the entire 2007 with a profit of UAH 16.207 million.

Swedbank AB (Sweden) owns 99.99% of the shares in Swedbank, which is an open joint-stock bank.

Serhii Tihipko recently sold TAS Komerzbank and TAS Investbank to Swedbank AB.