📋 Tender Overview
Project ID: 56311
Status: In Exploratory, Pending Final Review
Location: Ukraine
Business Sector: Financial Institutions
Notice Type: Private
Approval Date: 25 Jun 2025
Disclosure date: 02 May 2025
Project Description
An unfunded risk-sharing instrument covering up to 50 per cent of the credit risk in sub-loans with the total value of EUR 600 million equivalent (the "Covered Portfolio") to be originated by PrivatBank in Ukraine.
The Project will include three sub-limits with the Covered Portfolio of: (i) EUR 415 million under the Resilience and Livelihoods Guarantee product, (ii) EUR 95 million under EBRD's Energy Security Support Facility (assigned with a separate EBRD project number 56312) and (iii) EUR 90 million under the EU4Business-EBRD Credit Line with Incentives (assigned with a separate EBRD project number 56313).
Under the Energy Security Support Facility, sub-loans will finance energy generation, energy storage and energy efficiency sub-projects to Ukrainian businesses and households. All sub-borrowers will receive technical assistance to facilitate their investments' structuring and implementation. Eligible residential sub-borrowers will additionally receive grant support in form of investment incentives upon the completion of their eligible investment projects.
Under the EU4Business-EBRD Credit Line with Incentives, the EBRD and the EU support investment projects of local small and medium enterprises ("SMEs"). The EBRD enables financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit), thereby enhancing businesses' competitiveness. Eligible sub-borrowers will also receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects.
Project Objectives
The facility will be used to support lending to Ukrainian sub-borrowers in the primary and secondary agriculture sectors, as well as other critical areas essential for the country's energy security, with priority given to MSME, corporate borrowers, and households investing in projects that enhance energy security and energy efficiency in Ukraine.
Transition Impact
ETI score:null
, 56312), 80 (56313).
The Facility will support the Resilient, Inclusive, Green and Competitive TI qualities.
The Resilient quality stems from credit enhancement mechanism provided by EBRD's portfolio risk sharing, which enables PrivatBank to finance Ukrainian agricultural value chains and other critical industries to preserve food security, energy security, retain jobs, support family incomes, maintain consumption and access to food as a vital step in safeguarding people's livelihoods and to reduce losses due to supply chain disruptions, while shielding their loan portfolio from excessive risk prevailing in the current volatile conditions. The Inclusive qu
