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EBRD provides portfolio risk-sharing facility to OTP Bank Ukraine

Photo by: OTP Bank Ukraine

The European Bank for Reconstruction and Development (EBRD) said on Monday it is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine to unlock  €200 million of new funding for Ukraine's private sector.

The EBRD's facility will provide up to 50% coverage of OTP Bank's credit risk on €200 million in newly issued sub-loans to private businesses operating in Ukraine.

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