PROCREDIT BANK UKRAINE GUARANTEE FACILITY

Promoter – Financial Intermediary

JSC PROCREDIT BANK

Location

• Ukraine

Description

The project involves a partial portfolio guarantee under the EU4Business Guarantee Facility II, as well as a corresponding grant to ProCredit Bank in Ukraine.

Objectives

The aim is to enable the intermediary to improve lending terms and conditions, thereby providing 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 7 million

Total cost (Approximate amount)

EUR 35 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