Summary sheet
- Credit lines - Credit lines
The Lending Envelope will provide partial portfolio guarantees to local banks and other financial intermediaries, enabling them to improve lending terms and conditions for micro, small and medium-sized enterprises (MSMEs) in Ukraine.
The aim is to enhance access to finance to MSMEs in Ukraine by providing guarantees to local financial institutions allowing them to offer debt financing at favourable conditions, especially reduced collateral requirements and/or lower financing costs.
The selected financial intermediaries have to take all requisite measures to ensure that the procedures carried out by the final beneficiaries will comply with national legislation and the EIB Group's Environmental and Social Standards.
The selected financial intermediaries have to take all requisite measures to ensure that procurement by the final beneficiaries is undertaken in line with the provisions of the EIB Group Guide to Procurement.