PRIVATBANK GUARANTEE FACILITY

Promoter – Financial Intermediary

JSC COMMERCIAL BANK PRIVATBANK

Location

• Ukraine

Description

Partial portfolio guarantee under the EU4Business Guarantee Facility (GF) II provided to Privatbank in Ukraine.

Objectives

Partial portfolio guarantee provided to PrivatBank in Ukraine under the EU4Business Guarantee Facility II, enabling the bank to improve lending terms and conditions and thus provide wider access to finance for micro-, small- and medium-sized enterprises in the country.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 16 million

Total cost (Approximate amount)

EUR 80 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Under appraisal