PRAVEX BANK COVID-19 LOAN FOR SMES AND MID-CAPS

Promoteur – Intermédiaire Financier

PRAVEX BANK JSC

Lieu

• Ukraine

Description

The operation aims to finance eligible small and medium-sized investments undertaken by small and medium-sized enterprises (SMEs) and mid-caps in Ukraine.

Objectifs

The primary objective of the operation is to enhance access to affordable funding for Ukrainian small and medium-sized enterprises as well as mid-caps in order to help them survive the economic consequences of the COVID-19 pandemic.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Garantie au titre du MPE

This operation is covered by the ELM Political Risk Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 30 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the EIB's Environmental and Social Standards, as well as international treaties and conventions signed and ratified by or otherwise applicable and binding in the country.

Passation des marchés

The Bank will require the intermediary institution to take all requisite measures to ensure that any procurement procedures carried out by final beneficiaries for the sub-projects that the Bank finances are in accordance with the Bank's Guide to Procurement.

Statut

Signé - 30/12/2020