| Project Detail |
Location: Ukraine Project number: 56167 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 09 Apr 2025 Status: Exploratory English-language PSD published: 05 Mar 2025 Project Description An unfunded risk-sharing instrument partially covering the credit risk in newly originated subloans of ProCredit Bank in Ukraine with the total value of EUR 70 million equivalent (the Covered Portfolio). The Project is provided under the EBRDs Resilience and Livelihoods Framework to finance broad working capital and investment needs of Ukrainian private businesses operating in agriculture (both primary and secondary) and other key sectors supporting the livelihoods of Ukrainian businesses. Eligible small and medium enterprises (SMEs) will additionally receive grant support in form of investment incentives upon the completion of their eligible investment projects. Up to EUR 14 million of risk shared sub-loans will finance SMEs long-term investments under the EU4Business-EBRD Credit Line with Incentives (within a dedicated sub-limit assigned with a separate EBRD project number 56314). This will enable financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit), thereby enhancing competitiveness of businesses. Eligible sub-borrowers will also receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects. Project Objectives The Project aims to support lending to Ukrainian private companies operating in primary and secondary agriculture and other critical industries (inter alia food processing, retail, logistics), with the ultimate goal of preserving livelihoods in Ukraine. |
