RLF - RLG - Kredobank 2026 (SME)

signed

An unfunded risk-sharing instrument (the "Facility") partly covering the credit risk of new sub-loans with a total value of EUR 60 million equivalent (the "Covered Portfolio") to be originated by Kredobank ("KB", the "PFI") in Ukraine. The Facility will include two sub-limits with the Covered Portfolio of: (i) EUR 42 million under the Resilience and Livelihoods Guarantee product, (ii) EUR 18 million under the EU4Business-EBRD Credit Line with Incentives (assigned with a separate EBRD project number 57396). Under the Resilience and Livelihoods Guarantee, sub-loans will finance a broader range of working capital and investment needs of Ukrainian private businesses  across key economic sectors, helping sustain their operations and livelihoods. Under the EU4Business-EBRD Credit Line with Incentives, the EBRD and the EU support investment projects of local small and medium enterprises ("SMEs"). The EBRD enables financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the enabled financing), thereby enhancing businesses' competitiveness. Eligible sub-borrowers will also receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects.