Gtfp Privatbank Tender

Project Number
46429
Company Name
PRIVATBANK, JSC CB
Date SPI Disclosed
Jun 17, 2025
Country
Ukraine
Region
Europe
Projected Board Date
Jun 26, 2025
Environmental Category
FI-3 - No Impact
Status
Pending Signing
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Nov 11, 2004
Sector
Commercial Banking - Trade
Project Description
The project is an unfunded trade finance facility for Joint Stock Company Commercial Bank PrivatBank (the Bank or the Issuing Bank) in an aggregate amount of approximately US$20 million under IFC’s Global Trade Finance Program ( GTFP ) in the form of a trade line pursuant to which IFC would guarantee letters of credit and other trade instruments issued by the Bank to support the Bank’s trade program. The GTFP proposed investment will offer Confirming Banks partial or full guarantees covering payment risk of the Bank in Ukraine for their trade-related transactions.