Ukraine Enterprise Support Facility



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

03 May 2000



PSD disclosed:

12 Jun 2000

Project Description

US$ 50 million framework facility for selected Ukrainian banks for the purpose of on-lending to qualifying private sector enterprises, identified in accordance with standard EBRD sub-borrower criteria. The principal objective of the facility is to increase the supply of much-needed term finance for the local private corporate sector. A secondary objective is to strengthen the funding resources of leading banks in the country to enable them to on-lend to their corporate clients.

Transition Impact

Through implementing the facility, the EBRD will promote a better focus on private sector enterprises and enhance the supply of term finance to the local private sector. A secondary transition benefit is that it will add further competitiveness to the country’s banking system.

The Client

Clients will comprise leading private sector Ukrainian banks with good existing relationships with the EBRD. They will be clear market leaders with client-focused strategies, highly qualified management and international standards of banking practice. Despite the prominent part played in the facility by Ukrainian banks with foreign ownership, the ultimate beneficiaries of EBRD funds will be Ukrainian enterprises and their employees. In its provision of support for selected banks and their corporate clientele, the programme is fully consistent with the Bank’s financial sector strategy for Ukraine.

EBRD Finance

This project represents a proposal to establish a framework facility of US$ 50 million for medium-term debt financing to qualifying private sector financial institutions in Ukraine.

Project Cost

US$ 50 million (€47.8 million)

Environmental Impact

All participating banks will carry out their operations in accordance with the EBRD's Environmental Procedures for Local Banks. In implementing these procedures, the banks will require their borrowers to comply, at a minimum, with national/local health, safety, environmental and public consultation requirements.

Technical Cooperation



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

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.

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