Joint Stock Company  the State Export-Import Bank of Ukraine and the World Bank jointly launched the Access to Long Term Finance Project  (ALTF). On June 26, 2017, the Guarantee Agreement between Ukraine and the IBRD and the Loan Agreement between Ukreximbank and IBRD were signed. The guarantee agreement has been ratified by the Verkhovna Rada of Ukraine. Funds of Loan Facility, amounting to $ 150 million US for a period of 35 years, are available for use.

Comments and suggestions for the Project

If you have comments and suggestions regarding  implementation of the Project please contact us in a way convenient for you, namely:

• to the Contact-center by phone: 0-800-50-44-50, 044-247-38-38;
• to the e-mail address: bank@eximb.com;
• using the "Feedback" dialog and EXIMChat official website of the bank

(with a note "attention of the IFI Program Division")

Terms and conditions of lending by Ukreximbank tf private export-oriented enterprises

Loan Amount: no more than eq. of USS 8 million

Loan Currency: US dollar, Euro, Hryvnia

Lending tenors:

• investment projects - from 36 months,
• working capital - from 12 months.

Eligibility criteria for sub-borrowers

A company may participate in ALTF, if as of the date of an application it:

• is a private enterprise (more than 50% privately owned);
• is a small- or medium-sized enterprise (for the purposes of the project it has less than 1 000 employees);
• is export-oriented enterprise or is involved in local supply chains with sales volumes to export-oriented enterprises not less than 50% (fifty percent) of the total sales or is another enterprise, income of which is generated in foreign currency in Ukraine, or is linked to foreign currency in accordance with the laws of Ukraine;
• has a satisfactory financial structure, organization, management, staff, financial and other resources required for it to perform effectively, including the Sub-project implementation;
• carries out activities that are not related to any of the Prohibited Practices;
• is not located in the area of ​​Ukraine, which is experiencing an active conflict;
• meets the requirements of the Environmental and Social Management Framework;
• ensures the debt leverage  at a level not exceeding 85:15;
• ensures the debt service ratio at a level not less than 1.0: 1.

Subproject Eligibility Criteria

Within the ALTF framework  sub-projects are considered, which are aimed at financing the investment needs of Sub-borrowers and replenishing their working capital and meet the following criteria:

• are technically feasible cost-effective and  financially and commercially reasonable;
• comply with the environmental protection requirements envisaged by laws and regulations of Ukraine, as well as the Environmental and Social Management Framework;
• do not envisage and exclude the purchase of land;
• do not envisage or include the implementation of any Prohibited Practices;
• do not provide for financing of goods included in IBRD Negative List;
• Procurement of eligible goods, works and services under the Sub-project is carried out in compliance with the relevant procedures of the IBRD.

Additional Information:

• Prohibited Practice;
• IBRD Negative List;
• Environmental and Social Management Framework