Sayenko Kharenko has advised the European Fund for Southeast Europe on providing a EUR 20 million equivalent loan to Credit Agricole Bank in Ukraine.
According to Sayenko Kharenko, “the loan will be used by the bank to provide local currency financing for agricultural producers and farmers.”
The EFSE is a privately managed development finance fund initiated by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development and the European Commission. The EFSE uses capital provided by donor agencies, international financial institutions, and private institutional investors to finance MSEs in the target region, which includes Ukraine, according to the firm.
Credit Agricole Bank is a universal bank with a particular focus on agribusiness and car lending.
Sayenko Kharenko’s team included Partner Igor Lozenko and Associate Denis Nakonechnyi.