Ukrainian banking group UkrSibbank is to
offer finance leases to its small to medium-sized business
customers as of this month, through its subsidiary Ukrainian
Leasing Company.

The main asset types covered by the new finance lease product
are agricultural machinery,

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construction equipment, transport and loading equipment.
Contracts will run between one and seven years, with credit
underwriting decisions to be made within five days.

UkrSibbank is majority-owned by BNP Paribas, with the
French financial services giant holding a 51 percent
stake in the bank.

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