The European Bank for Reconstruction and Development (EBRD) said on Monday it has signed an agreement to provide a €50 million risk-sharing facility to Credit Agricole Ukraine to boost lending to local companies, including small and medium-sized enterprises (SMEs).
With the signing of the risk participation agreement, Credit Agricole Ukraine becomes the fourth partner bank in the EBRD's Unfunded Non-Recourse Risk Sharing Framework in Ukraine, joining Ukrsibbank, BNP Paribas, Raiffeisen Bank, and Piraeus Bank.
