π Tender Overview
Location: Ukraine
Project number: 55295
Business sector: Financial institutions
Notice type: Private
EBRD Finance Summary: EUR 20,000,000.00
Total Project Cost: EUR 20,000,000.00
Project Description
A senior unsecured LCY-denominated loan of up to EUR 20 million equivalent to be provided to Bank Lviv in four equal tranches to enable the bank's support to private small and medium sized enterprises ("SMEs") in Ukraine. The facility is under the EBRD Resilience and Livelihoods Framework
Project Objectives
The Project will help Bank Lviv to maintain a sustainable funding base during the crisis and provide continued access to finance for private SMEs affected by the ongoing war on Ukraine. At least 30% of all financed sub-loans under the Project are to be directed on a best effort basis to support projects compliant with EBRD Green Economy Transition (GET) approach.
Transition Impact
The Project will support the Resilient and Inclusive TI qualities.
Resilient: reinforcing lending capacity of Bank Lviv and helping it to maintain sound funding profile
Inclusive: supporting the war affected private businesses in Ukraine.