Procredit Bank Ukraine SME I
Ukraine | Financial Institutions- Identification Code:
- OP/02/0374
- Total Operation Cost:
- — USD
- Maturity:
- 36 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date2.500.000 USD – 05 Jun 20045.000.000 USD – 06 Sep 2002
-
BSTDB Signed Amount – Signed Date2.500.000 USD – 22 Jun 20045.000.000 USD – 18 Apr 2003
-
Status:Completed
- Description and Purpose of the Operation:
- Credit Line for a microfinance bank for the purpose of providing medium term micro and SME financing
- Countries of Operation:
- Ukraine (100,00%)
- Financial Product:
- SME's
- Sector:
- Financial Institutions
- Domain:
- Private
- Borrower/Client:
- Procredit Bank of Ukraine was founded in early 2001, The Bank forms part of a global network of 19 banks, which were set up by private and public sector investors to provide financing to micro-and SME customers in developing markets.The Bank's Head office is located in Kiev. At 31/03/2007, the Bank had 54 (2005: 32) branches. The Bank is ranked 39th by assets among Ukrainian banks at end of September 2007.
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- Extending of sub-loans to Micro and SMEs for the purpose of capital financing or startup working capital for specific projects or investment programs of manufacturing and service-oriented Micro and SME's or for the creation, modernization expansion of industrial production. Also applicable for the purpose of export and pre-export financing enterprises.
- Environmental Classification and Impact:
- Procredit Bank of Ukraine is a credible entity in dealing with EH&S issues of its sub-loans . Its well-established environmental policy is supported by a functioning environmental procedure, and is fully integrated in the overall portfolio management. The Borrower is required to: - undertake environmental assessment of the sub-loans with medium and high environmental risk, as well as ensure proper monitoring of these operations; - ensure compliance of the sub-loans with applicable national EH&S requirements; - continue to adhere to the Bank’s Environmental Exclusion List and Negative List of Goods; - submit annual EH&S performance reports
- Operation Leader:
- Financial Institutions I
- E-mail:
- fi1@bstdb.org
As of 28 Feb 2026
