ProCredit Bank Ukraine (PCBU) was established in December 2000, with the support of EBRD to provide financial services to micro and small enterprises (MSEs) in Ukraine. PCBU is now a well established and well managed bank focussed on the small business sector. EBRD has a 20% shareholding in PCBU. EBRD is considering new pro rata participations in forthcoming capital increases. The capital increases will strengthen the capital base of PCBU enabling it to satisfy the capital requirements of the National Bank of Ukraine and will further assist PCBU in maintaining its financing to MSEs in Ukraine.
The project is expected to have a significant impact on the transition process. ProCredit Bank Ukraine will continue to provide support to MSEs that would otherwise have limited access to formal sector finance. PCBU also supports the development of the financial sector by operating as a best practice institution committed to the principles of complete transparency and strong corporate governance.
PCBU was established in December 2000 and is part of the international ProCredit Holding group, a network dedicated to developing microfinance banks globally.
PCBU operates through its 71 branches throughout the Ukraine, planning to grow its branch network further.
Up to USD 8 million equity investment for participation in capital increases.
Up to USD 40 million.
ProCredit Bank Ukraine carries out its operations in accordance with the EBRD's “Environmental Procedures for Micro and Small Loans”. In implementing these procedures, it requires its borrowers to comply, at a minimum, with national/local health, safety, environmental, and public consultation requirements.
In the early years of operation, PCBU received approximately EUR 6 million in Technical Assistance No further technical assistance funds are provided.
ProCredit Bank Ukraine
Prospekt Peremohy 107a
03115 Kyiv, Ukraine
Phone +38 044 5901020
Fax +38 044 5901001
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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