PROJECT

Projects

Summary of Investment Information

Project Number

46429

Company Name

PRIVATBANK, JSC CB

Date SPI Disclosed

Jun 17, 2025

Country

Ukraine

Region

Europe

Projected Board Date

Jun 26, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Jan 17, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Dec 15, 2021

Sector

Commercial Banking - Trade

Project Description

The project is an unfunded trade finance facility for Joint Stock Company Commercial Bank “PrivatBank” (the Bank or the Issuing Bank) in an aggregate amount of approximately US$20 million under IFC’s Global Trade Finance Program (“GTFP”) in the form of a trade line pursuant to which IFC would guarantee letters of credit and other trade instruments issued by the Bank to support the Bank’s trade program. The GTFP proposed investment will offer Confirming Banks partial or full guarantees covering payment risk of the Bank in Ukraine for their trade-related transactions.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation