The Ukrainian economy is currently growing, despite the conflict in the eastern part of the country and internal issues such as corruption. Ukrainian businesses looking to expand are increasingly looking to debt financing. However, given the extremely high interest rates offered by the Ukrainian banks, more and more Ukrainian companies are looking for cheaper finance from foreign financial institutions or private investors.
However, the efficiency of Ukrainian courts and law enforcement authorities is far from perfect, and many foreign creditors ask a legitimate question – what would be sufficient security to mitigate the risks? Which collateral should be sought from the …read more
Source: Emerging Europe