RLF - RLG - Raiffeisen Bank Ukraine 2024

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A Resilience and Livelihoods Guarantee ("RLG"), under the Resilience and Livelihoods Framework ("RLF"), in the form of an unfunded portfolio risk-sharing facility covering up to 50 per cent of the credit risk in sub-loans with the total value of up to EUR 100 million equivalent (the "Covered Portfolio") to be originated by Raiffeisen Bank JSC in Ukraine. The Project will be delivered in two tranches: (i) committed Tranche A amounting to EUR 60 million of the Covered Portfolio and; (ii) uncommitted Tranche B amounting to EUR 40 million of the Covered Portfolio. 20% of the RLG is part of the EU4Business-EBRD Credit Line with incentives (this sub-limit assigned with a separate EBRD project number 55246). The EBRD and the EU support investment projects of local small and medium enterprises ("SMEs") across the Eastern Partnership region. 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 sub-limit), thereby enhancing businesses' competitiveness. The EU and the US complement the offer with incentive grants and technical assistance under its EU4Business initiative.