Ukraine
JSCB Raiffeisenbank Ukraine
$95 million
Financial Services
Project Brief
Not Active
MIGA issued a guarantee of $95 million to Raiffeisen Zentralbank Österreich AG (RZB-Austria) of Austria for its $100 million shareholder loan to JSCB Raiffeisenbank Ukraine (Raiffeisenbank Ukraine). The guarantee is for a period of seven years and provides coverage against the risks of transfer restriction and expropriation.
MIGA issued a guarantee to the investor covering a $20 million investment in the project enterprise in fiscal 2001. This investment of RZB supports an expansion of Raiffeisenbank Ukraine’s capital base and lending operations. This will give access to term financing and contribute to the development of the country’s banking system and its corporate governance.