A 4-year EBRD senior loan of up to €15 million to OTPL facilitates long-term leases to MSMEs across the country. The funding will be available under the EU4Business-EBRD Credit Line and is part of the Deep and Comprehensive Free Trade Agreement (DCFTA) between the European Union (EU) and Ukraine.  

The EU4Business-EBRD Credit Line funding is complemented by grant incentives, financed by the EU4Business initiative, helping enterprises to reduce the cost of technology and production upgrades and   align with EU standards and regulations. MSMEs benefit in many ways, including improving the quality of their products, protecting the  health  and  safety of their workers and their customers, in some cases  reducing energy and fuel costs and, most importantly,  improving their competitive positioning.

The EBRD and Ukraine’s leading leasing company LLC “OTP Leasing” (OTPL) are helping local micro, small and medium-sized enterprises (MSMEs) continue their business activities despite the current market turmoil caused by the outbreak of the coronavirus (COVID-19).

OTPL will make funding    available to their clients in both Ukrainian  hryvnia and/or euro. Ukrainian  hryvnia leasing financing will   offer more protection from foreign currency-related risks for lessees and offer longer maturities.