SME+ RSF OTP Bank Ukraine (IFC-52808)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Ukraine
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Aug 28, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
OTP Bank JSC
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 78.28 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 115.85 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 100
Converted using 2026-08-28 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 15, 2026

Disclosed by Bank Jun 28, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the proposed investment consists of an unfunded risk sharing facility (RSF) with  OTP Bank JSC (OBU) for a portfolio of up to €100 million consisting of eligible loans and other eligible credit instruments to small, medium-sized enterprises (SMEs) and larger companies (SME+) in Ukraine, where IFC’s risk participation will be up to 50 percent (€50 million) of the aforementioned portfolio. The objective of the Project is providing the Bank with a de-risking instrument and helping it expand lending to SMEs and SME+, including underserved groups in agribusiness, women-owned, led by or employing youth, veterans and/or other similar groups (Target Groups). It is expected that at least 60 percent of the RSF portfolio will be earmarked to financing renewable energy, energy efficiency, climate smart agriculture (Sustainable Solutions) and Target Groups, including at least 50 percent allocated to Sustainable Solutions.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project is categorized as FI-2 in accordance with IFC’s Sustainability Policy. The main E&S risks of the supported portfolio are expected to be of a medium nature and potentially related to labor and working conditions, pollution prevention risks and community impacts.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Total project cost is expected to be €100 million.
IFC's Investment as Approved by the Board: Guarantee 78.28 million (USD)

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

OTP Bank JSC (OBU) is one of the leading systemic banks in Ukraine. The Bank is a wholly owned subsidiary of OTP Bank Plc, the largest bank in Hungary and a holding company of one of the biggest banking groups in Central and Eastern Europe. Shares of OTP Bank Plc are listed on the Budapest Stock Exchange, and its depository receipts are traded on the Luxembourg Stock Exchange.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

For Inquiries About the Project, Contact:
JOINT-STOCK COMPANY OTP BANK (OTP BANK JSC)
FI@otpbank.com.ua
Financial Institutions Unit
+38 044 490 0559
FI@otpbank.com.ua
JOINT-STOCK COMPANY OTP BANK 43, Zhylyanska Street Kyiv, 01033, Ukraine
Otpbank.com.ua

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works