RLF-RLG-CAU 2025 (UIF P2)

approved

An unfunded risk-sharing instrument covering up to 80% of the credit risk in newly originated sub-loans with the total value of EUR 150 million equivalent (the "Covered Portfolio") to be originated by Credit Agricole Bank in Ukraine. The Project will include three sub-limits with the Covered Portfolio of: (i) EUR 80 million under the Resilience and Livelihoods Guarantee product, (ii) EUR 40 million under EBRD's Energy Security Support Facility (assigned with a separate EBRD project number 56172) and (iii) EUR 30 million under the EU4Business-EBRD Credit Line with Incentives (assigned with a separate EBRD project number 56737). Under the Resilience and Livelihoods Guarantee product, sub-loans will finance broader working capital and investment needs of Ukrainian private businesses across key economic sectors, helping sustain their operations and livelihoods. Under the Energy Security Support Facility, sub-loans will finance energy generation, energy storage and energy efficiency sub-projects to Ukrainian businesses. All sub-borrowers will receive technical assistance to facilitate their investments' structuring and implementation. Under the EU4Business-EBRD Credit Line with Incentives, the EBRD and the EU support investment projects of local small and medium-sized 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 sub-limit), 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.