The UK's development finance institution British International Investment (BII), and the French development agency Proparco will provide risk-sharing guarantees worth a total of $57 million to the European Bank for Reconstruction and Development (EBRD) to support the lender's trade finance exposure in Ukraine.
BII will allocate up to $37 million, while Proparco will provide $20 million in risk-sharing guarantees for the EBRD's Trade Facilitation Programme (TFP) to support Ukraine's cross-border trade, the EBRD said on Monday.
