The European Bank for Reconstruction and Development (EBRD) has approved a US$50 million five-year loan to UkrEximBank, whereby eligible small and medium-sized enterprises (SMEs) will be able to receive up to US$3 million in loans to implement energy efficiency projects.
9 February 2012: The European Bank for Reconstruction and Development (EBRD) has approved a US$50 million five-year loan to the State Export-Import Bank of Ukraine (UkrEximBank) to support lending to small businesses across Ukraine.
Under the loan facility, eligible small and medium-sized enterprises (SMEs) will be able to receive up to US$3 million in loans from UkrEximBank to implement energy efficiency projects. The loan will be supported by the Bank’s technical assistance and benefit eligible sub-borrowers, who will receive assistance in identification and implementation of energy efficiency investments. [EBRD Press Release]