Implementation of the Financial Sector Strategy in Ukraine (EBRD-13634)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS May 31, 2021

Disclosed by Bank Apr 15, 2021


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Project Description

The project's aim of which is to build a resilient, competitive financial system in line with EU standards that can ensure sustainable economic development. Reform of the financial sector is considered to be among the most successful transformations undertaken since the Maidan revolution and the National Bank of Ukraine (NBU) has been at the forefront of these efforts.  More than 30 new projects are expected to be launched by the NBU in the five strategic directions as defined by the strategy: financial stability, macroeconomic development, financial inclusion, financial markets development, and innovation development (a detailed list of the projects is in the Annex 1 of the ToR). This TC Project comprises the appointment of 10 skilled consultants (a combination of project managers/senior project managers, analysts, and an office manager) who contribute to the implementation of the Ukraine financial sector strategy by providing expertise to the clients in order to ensure that the reform process is implemented to the highest possible standards. Experts will be based at the National Bank of Ukraine.

Investment Description

Contact Information

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

Project contacts not available at the time of disclosure.

 

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html