Irish bank readies bad debt writeoff over Ukraina mall

Mark Rachkevych Author: Mark Rachkevych All articles by this author

More about Mark Rachkevych

Sep. 06, 2012 22:57
215 159
Kyiv’s Univermag Ukraina shopping center located on Prospekt Peremohy
Photo by UNIAN

Unable to take control of a prime real estate asset as part of a global debt recovery plan, a state-owned Irish bank is getting ready to write off a debt related to Kyiv’s Univermag Ukraina shopping center located on Prospekt Peremohy.

Exclusive article

To support independent journalism in Ukraine and gain access to this Kyiv Post exclusive article, please subscribe.

A Kyiv Post digital subscription is only $1.15 per week - the price of a cup of coffee!

Why support us? There are five reasons to subscribe to Kyiv Post.

Learn More
Subscribe now

215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section