Project description
and objectives:
|
The project envisages that the EBRD will provide a long-term senior loan for
on-lending to micro, small and medium size enterprises in the East Ukrainian
regions.
The EBRD’s senior loan will help MegaBank to implement its development
strategy which includes regional expansion and the accelerated development of
small and medium enterprise lending.
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Transition impact:
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The proposed transaction will provide long-term funding to MegaBank for the
development of its micro, small and medium size enterprise lending. The
transaction will therefore promote the availability of financial services to
micro, small and medium size enterprises in Kharkiv and in the regions where
MegaBank operates and will operate in the near future.
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The client:
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MegaBank is a Kharkiv-based Russian bank with headquarters and several
branches in Kharkiv and over 150 branches and offices in Ukrainian regions.
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EBRD finance:
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The EBRD will provide a long-term senior loan for on-lending to regional
micro, small and medium size enterprises.
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Total project cost:
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USD 20 million.
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Environmental impact:
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MegaBank will be required to apply EBRD’s Environmental Procedures for Local
Banks to all commercial lending activities and to submit annual environmental
reports to the Bank.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Vyacheslav Ryuitn, Deputy Chairman of the Management Board
MegaBank
30,
Artyoma Street, Kharkiv 61002, Ukraine
Phone: +380 57 714 06 63
Fax: +380 57 703 21 43
E-mail: ryt@megabank.net
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EBRD contact:
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Alexander Saveliev, Operation Leader: saveliea@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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