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SLGP EC RSF Ukraine OTP Bank and Leasing

Sector: Raw Materials • Location: Ukraine

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment consists of unfunded risk sharing facilities (RSFs) with JSC OTP Bank and OTP Leasing LLC (partner FIs) in an aggregate amount of up to €60 million, where IFC’s risk participation will be up €30 million, or 50% of the RSFs (the Project). The Project is processed under IFC’s Small Loans Guarantee Program (SLGP EC/PSW), a programmatic approach to de-risk and scale up financin

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The project “SLGP EC RSF Ukraine OTP Bank and Leasing” is an infrastructure initiative in the Raw Materials sector, located in Ukraine. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

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Description

Description

The proposed investment consists of unfunded risk sharing facilities (RSFs) with JSC OTP Bank and OTP Leasing LLC (partner FIs) in an aggregate amount of up to €60 million, where IFC’s risk participation will be up €30 million, or 50% of the RSFs (the Project). The Project is processed under IFC’s Small Loans Guarantee Program (SLGP EC/PSW), a programmatic approach to de-risk and scale up financing to small and medium enterprises (SMEs) in Ukraine and other eligible countries. SLGP EC/PSW is supported by the European Commission’s (EC) European Fund for Sustainable Development. The Project will also be potentially supported by the Women Entrepreneurs Finance Initiative (We-Fi), subject to further approvals and achieving agreed targets, in the form of a performance-based incentive (PBI) to incentivize the partner FIs’ increased financing of women-owned SMEs in Ukraine.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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