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EBRD mulls €38.5 million in portfolio risk-sharing facilities for ProCredit Bank Ukraine

ProCredit Bank in Dnipro, Ukraine (Photo by VKras via WikiCommons, CC 4.0)

The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is considering providing two portfolio risk-sharing facilities totaling €38.5 million to ProCredit Bank Ukraine, a subsidiary of the German ProCredit Holding.

The first facility, amounting to €21 million, would partially cover credit risks in up to €70 million of newly originated sub-loans by ProCredit Bank Ukraine.

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