The International Finance Corporation (IFC) in collaboration with UkrSibbank has announced the launch of a new risk-sharing mechanism (RSF) amounting to 66 million euros aimed at supporting medium and large enterprises in Ukraine. The bank, whose shareholders include the BNP Paribas group and the European Bank for Reconstruction and Development (EBRD), is implementing this initiative to provide crucial financing for companies operating in the agribusiness, manufacturing, trade, and logistics sectors.
This is reported by Business • Media
This program aims to help businesses maintain their operations, preserve jobs, and strengthen the country’s energy security. The risk-sharing mechanism allows IFC’s partner financial institutions to take on part of the credit risk, ensuring stable lending even in volatile market conditions.
How the Risk-Sharing Mechanism Works
Under the terms of cooperation, IFC will cover 50% of the credit risk — up to 33 million euros. This project has received support from the governments of France and the United Kingdom. A separate part of the program — about 20% of the RSF portfolio — will be directed towards financing small projects in the fields of renewable energy and energy efficiency improvement.
“This mechanism will enable Ukrainian businesses to obtain the necessary financing and strengthen their market position while preserving jobs and supporting the country’s economic development,” stated IFC.