Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with a new portfolio risk-sharing facility provided to UKRSIBBANK, one of Ukraine’s largest banks and part of the BNP Paribas Group.
Signed at the Ukraine Recovery Conference 2026 in Gdansk, Poland, the facility will enable EUR 52 million of new lending, focusing on support for micro, small and medium-sized enterprises, with up to 20 per cent of subloans allocated to long-term investments under the EU4Business–EBRD Credit Line, helping eligible enterprises transition to EU standards and adopt sustainable, green technologies. Up to 4 per cent of the risk-shared subloans will go to residential households under the Energy Security Support Facility for decentralised energy generation, storage and energy efficiency measures, all of which are critical for Ukraine’s energy security.
EBRD is Ukraine’s largest institutional investor, having substantially increased its investment in the country since Russia launched a full-scale invasion in 2022. Since the start of the war, EBRD has deployed more than €10.5 billion to support the real economy, with a focus on energy security, private-sector resilience and critical infrastructure.
Sayenko Kharenko team included Igor Lozenko, Oles Trachuk, Artem Medvetskyi and Yevhenii Sapojnikov.