Release date: 5 June 2013
Promoter – Financial Intermediary
STATE SAVINGS BANK OF UKRAINE (OSCHADBANK)Location
Description
A dedicated EIB loan to finance projects promoted by SMEs and mid-caps in Ukraine. Projects in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing thereto does not exceed 30% of the overall EIB loan amount.
Objectives
Financing of small/medium projects carried out by SMEs and mid-caps or carried out by eligble promoters of any size provided that the considered projects are in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) and that financing thereto does not exceed 30% of the overall EIB loan amount.
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable.
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
Signed - 30/12/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).