RLF - RLG - Ukrsibbank 2025 (UIF P2)

signed

An unfunded portfolio risk sharing facility (the "Project") in the total amount of EUR 15 million to support up to EUR 30 million of new sub-loans (the "Covered Portfolio") originated by EBRD's existing partner bank UKRSIBBANK JSC ("UKRSIBBANK"). The Project will include three sub-limits within the Covered Portfolio of: (i) EUR 21 million under the Resilience and Livelihoods Guarantee product (assigned with OpID 56197); (ii) EUR 3 million under the EBRD's Energy Security Support Facility (assigned with OpID 56198) and (iii) EUR 6 million under the EU4Business-EBRD Credit Line with Incentives (assigned with OpID 56199). Under the Energy Security Support Facility ("ESSF"), a programme under the Resilience and Livelihood Framework, sub-loans will finance energy generation, energy storage and energy efficiency sub-projects, including GET-eligible sub-projects (70% of the sub-limit) to Ukrainian residential borrowers (homeowners, homeowners' associations). Technical assistance under ESSF will strengthen the capacity of UKRSIBBANK and its sub-borrowers to implement the facility in a streamlined manner, while adhering to the EBRD eligibility criteria. Eligible residential sub-borrowers will also receive grant support in the form of investment incentives upon the completion of their eligible investment projects. Under the EU4Business-EBRD Credit Line with Incentives, sub-loans will enable financing of long- term capital investments of MSMEs 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 the competitiveness of businesses. Eligible sub-borrowers will receive technical assistance funded by the EU and grant support in the form of investment incentives upon the completion of their investment projects.