Guarantees of the European Bank for Reconstruction and Development (EBRD) allowing lending to Ukrainian business in terms of war

Who can use it:

Current and new clients of the bank: micro, small and medium-sized enterprises, which, in particular, operate in agriculture, food production, medicine production, retail trade and logistics activities.

Loan objectives:

Investment loans, working capital replenishment loans, documentary operations

Coverage:

50% of the loan amount

Ability to combine with other programs:

Affordable Loans 5-7-9%, Support for Investment Projects of Small and Medium-Sized Enterprises from the Business Development Fund

Donor:

European Bank for Reconstruction and Development (EBRD)

Additional information:

The share of risk assumed by the EBRD reaches 8.75 million Euros. 

The EBRD risk sharing tool will help Kredobank provide access to financing to Ukrainian companies operating in such critical sectors of the economy as agribusiness and agribusiness services, food processing, transport and logistics, retail and pharmacy. It will also help ensure food security and save money for life in Ukraine, where the key economic sectors were significantly affected by Russian aggression on February 24, 2022.

The EBRD's risk share will be supported by 50% of the donor financing to cover first loss of risks, which is part of the bank's sustainability package.