Judy Dempsey writes: UniCredit’s chief executive officer, Alessandro Profumo, said in a statement that his bank would use the loans to support the local branches and the local economies. Most of the ?432 million will be earmarked for UniCredit’s subsidiaries in Ukraine and Kazakhstan, with each receiving ?100 million. Ukraine’s economy will fall by 10 percent this year compared to 2008, according to the E.B.R.D. Kazakhstan is suffering a serious banking crisis.

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