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First Ukrainian International Bank

Ukraine | Financial Institutions

Identification Code:: OP/04/0437
Total Operation Cost:: — USD
Maturity:: 60 months
Operation Status:: BSTDB Approved Amount – Approval Date

8.000.000 USD – 01 Dec 2006

10.000.000 USD – 05 Jun 2004
: BSTDB Signed Amount – Signed Date

10.000.000 USD – 11 Oct 2004

8.000.000 USD – 14 Aug 2007
: Status:
Completed
Description and Purpose of the Operation:: BSTDB provides Trade Finance Facility to finance sub-loans for the purpose of extending short-term pre-shipment and/or post shipment export and/or import financing to customers in Ukraine who import or export goods to other member countries of BSTDB.
Countries of Operation:: Ukraine (100,00%)
Financial Product:: Trade Finance
Sector:: Financial Institutions
Domain:: Private
Borrower/Client:: First Ukrainian International Bank was founded in 1991. FUIB has positioned itself primarily as a corporate bank, and its main clients have consisted of large-sized local companies.
Co-Financers/Participants:: —
Guarantors/Sponsors:: —
Developmental and Regional Cooperation Impact:: Support of Ukrainian financial sector in line with BSTDB's operational objectives.
Environmental Classification and Impact:: In order to reduce/avoid any Environmental, Health & Safety (EH&S) impacts that potentially may arise from trade finance activities FI shall follow the BSTDB's Negative List of Goods, including the Environmental Exclusion List, and subject domestic legal requirements, as well as make sure that the Beneficiaries fully comply with these requirements. The Borrower shall immediately notify the Bank of occurrence of any incident or accident relating to any underlying export or import transaction of which the Borrower is, or ought to be aware, and which is likely to adversely affect the state of environment, and/or human health and safety.
Operation Leader:: Financial Institutions I
E-mail:: fi1@bstdb.org