Sayenko Kharenko acted as Ukrainian legal counsel to the International Finance Corporation (IFC) on the new risk-sharing facility for PrivatBank, Ukraine’s largest bank. IFC will share half the risk on an aggregate portfolio of EUR 100 million to expand financing for micro, small, and medium enterprises (MSMEs). The instrument will boost lending across various sectors, including agribusiness, manufacturing, and logistics, with a focus on women-owned businesses, to support jobs and economic recovery.
The facility is complemented by a performance-based incentive to increase lending to women-owned MSMEs, which are expected to make up about 35 per cent of the portfolio. IFC’s participation in this facility and the performance-based incentive are supported by France and the Netherlands through IFC’s Economic Resilience Action (ERA) Program for Ukraine.
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. In fiscal year 2025, IFC committed a record USD 71.7 billion to private companies and financial institutions in developing countries.
Sayenko Kharenko’s team included Igor Lozenko and Oles Trachuk.
