Operation of municipal bank of Lviv city with the European Bank for Reconstruction and Development

Economic Annals-XXI: Volume 128, Issue 3-4(2), Pages: 36-39

Citation information:
Karpinets, V. (2013). Operation of municipal bank of Lviv city with the European Bank for Reconstruction and Development. Economic Annals-XXI, 3-4(2), 36-39. https://ea21journal.world/index.php/ea-v128-11/

Viсtor Karpinets
Graduand of PhD (Economics),
Institute of Regional Research of National Academy of Sciences of Ukraine,
Regional Manager of Commercial Bank in Lviv, Ukraine
Viktor.karpinets@ideabank.com.ua

Cooperation of municipal bank of Lviv city with the European Bank for Reconstruction and Development

Abstract. The ways of cooperation between municipal bank in Lviv and The European Bank for Reconstruction and Development (EBRD) are suggested in the article. Financial and juridical peculiarities of probable entry of The European Bank for Reconstruction and Development to the statutory fund of Lviv municipal bank are explained. Economic and infrastructure benefits for Lviv communal sector from municipal bank activity are described. It is shown that a possible cooperation between the EBRD and Lviv municipal bank meets a strategy and aims of the EBRD’s activity in Ukraine.

Keywords: Municipal Bank; the European Bank for Reconstruction and Development; Municipal Enterprises; Cash Flows; Infrastructure; Statutory Fund

JEL Classification: E51; G21; G24; R51

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Received 15.02.2013