๐ Tender Overview
Project Number
51197
Company Name
OTP LEASING LLC
Date SPI Disclosed
Jun 3, 2025
Country
Ukraine
Region
Europe
Projected Board Date
Jul 3, 2025
Environmental Category
FI-2 - Limited
Status
Pending Approval
Last Updated Date
Jun 19, 2025
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Sector
Leasing Services
Additional Project Attributes
Blended Finance
Project Description
The proposed investment consists of an unfunded risk sharing facility (RSF) with LLC OTP Leasing (OLU or the Company) for a portfolio of up to โฌ50 million consisting of eligible leases to small, medium-sized enterprises (SMEs) and larger companies (Midcaps) in Ukraine, where IFCโs risk participation will be up to 50% (โฌ25 million) of the aforementioned portfolio (the Project). The objective of the Project is providing the Company with a de-risking instrument and helping it expand leasing to SMEs and Midcaps, with up to 100 percent of the RSF portfolio being earmarked to financing of energy-efficiency and distributed energy generation projects, in particular climate smart agriculture and green vehicles (Clean Energy Solutions). The Project is expected to be supported by Blended Finance contributors under the Economic Resilience Action (ERA) Program for Ukraine, as described in the Blended Finance section.