Sayenko Kharenko has advised Piraeus Bank on an agreement with the U.S. International Development Finance Corporation on the provision of a USD 20 million portfolio guarantee to the bank.
According to Sayenko Kharenko, “the guarantee, covering 80% of the credit risk, will enable Piraeus Bank to extend up to USD 25 million in loans to Ukrainian small and medium-sized enterprises. This initiative aims to enhance access to financing for SMEs, supporting their resilience and development amid the ongoing challenges posed by the war.”
The Sayenko Kharenko team included Partner Anton Korobeynikov and Associate Yevhen Koval.
Sayenko Kharenko did not respond to our inquiry on the matter.
