According to the Bank's website, the project provides funding to Raiffeisen Bank Ukraine (RBUA) to finance the covering of the risk of non-payment of local currency sovereign bonds held by RBUA.
RAIFFEISEN BANK JSC
is an existing client of the EBRD and the fourth largest bank in Ukraine in terms of total assets and the third largest bank in terms of performing loans. It is the largest bank in Ukraine with foreign capital. The bank's key focus is lending to agricultural producers, multinational companies, and exporters. RBUA serves around 2.8 million clients, including more than 3,000 corporate businesses, and some 50,000 MSMEs through a countrywide network of around 400 branches.
RBU is 68.3 per cent owned by Raiffeisen Bank International AG Austria (RBI) and 30 per cent by EBRD.
PROJECT CONTACT INFORMATION
Raiffeisen Bank JSC 9 Leskova street, Kyiv, 01011 Ukraine
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
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: email@example.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