Kreditprombank has signed an agreement with EBRD pursuant to which the bank became a participant of Trade Facilitation Programme. This programme allowed Kreditprombank to offers to its clients a safe and competitive tool of payment under external trade agreements. Using L/Cs and guarantees, Kreditprombank raises funds from EBRD and other foreign financial institutions which allows substantial reduction of funding rate for exporters and importers of Ukraine.

IMPORT FINANCE UNDER EBRD TRADE FACILITATION PROGRAMME
Borrower	Enterprise - Ukrainian resident that makes external economic (import) activity
Type of loan	Tranche credit line (post-import loan)
Additionally	L/C can be provided as a way of settlements under contract
Amount of funding	USD/EURO 1 000 000 – 10 000 000
Term of funding	Up to 2 years
Interest rate	LIBOR/EURIBOR + 6.25 - 6.75 % p.a.
Fees on loan	0.5% flat of credit line amount
Fees on L/C	In case of usage of L/C as a mean of payment under import contract, a fee in amount of about 1% is charged on the amount of L/C (fees on loan in such case are not charged)
Purpose of loan	Funding of production/commercial activity of borrower connected with performance of import activity
Requirements	Availability of external economic contract meeting the requirements of normative acts of Ukraine providing import of products/services
Security	Assets of Borrower, guarantees and warrantees, other applicable forms of security. Collateral value of security with consideration of discounting system applied in Kreditprombank should cover the amount of potential liabilities under Loan agreement including interest, in full.
Additional conditions	External trade contract should not be connected with purchase of weapons and ammunition, tobacco and tobacco products, hard drinks (with alcohol content over 12%), products included in Environment Protection list of EBRD or products restricted for import or export in the countries of transactions pursuant to the effective laws or international conventions; If necessary, the Borrower has to be prepared to environmental expertise; Borrower with domination of state share in shareholding structure should run its operational activity independently from the state, operate on competitive market and be subject to the law that governs bankruptcy.