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Forum Bank: Mortgage Loan



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

23 Jan 2007



PSD disclosed:

08 Nov 2006

Project Description

The proposed Project consists of an A/B structure syndicated loan of up to USD 30 million to Bank Forum (B-Loan to be syndicated), for on-lending to its private sector business customers.


The facility will support the diversification of Bank Forum’s funding and the expansion of its SME and privately owned client base in Ukraine.


Transition Impact

The project will have a significant transition impact in the following areas:


  • help Bank Forum to diversify its funding base and increase maturity of its borrowings from the commercial loans market

  • support development of the private companies and banking sector in Ukraine by increasing medium-term financing to the productive sector of the economy through domestic banks thereby facilitating the strengthening of the domestic production



The Client

Bank Forum is a joint stock company organised under the laws of Ukraine, with total assets USD 994 million, shareholders’ equity USD 96 million, and profit USD 3.4 million in H1 2006. The bank has more than 140 branches and banking outlets all across Ukraine.

EBRD Finance

Up to USD 30 million loan with an A/B structure. Up to USD 20 million B-Loan to be syndicated.

Project Cost

USD 30 million.

Environmental Impact

Bank Forum will be required to comply with the EBRD’s Environmental Procedures for Intermediated Financing through Local Banks, including ensuring compliance with the applicable national environmental, health, safety and labour standards and regulations, adherence to the EBRD’s Environmental Exclusion and Referral List and submission of annual environmental reports to the Bank.

Technical Cooperation


Company Contact

Mr Oleksiy Pavlov, Head of International Business

Tel: +38 044 205 3559
Fax: +38044 5810432



Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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