Piraeus Bank Guarantee Tender

Reference: 20250160
Release date: 23 May 2025
Promoter – Financial Intermediary
JSC PIRAEUS BANK ICB
Location
Ukraine
Description
The operation consists of a EU4Business Guarantee Facility (GF) II - Partial Portfolio Guarantee to Piraeus Bank in Ukraine.

Objectives
The aim is to enable the intermediary to improve lending terms and conditions and thus enhance 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 3 million

Total cost (Approximate amount)
EUR 16 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