The European Bank for Reconstruction and Development (EBRD) is providing a €10m unfunded portfolio risk-sharing instrument to Ukreximbank, the State Export-Import Bank of Ukraine, to unlock €40m of new financing for the private sector amid the ongoing war in the country.
The EBRD’s facility will cover up to 50 per cent of Ukreximbank’s credit risk on newly issued sub-loans worth €40m to private businesses operating in Ukraine.
