Ukrainian companies are developing business in Europe. How to use credit programs and attract investments for development

How it works in practice

Joint-stock bank “Pivdenniy” and its Latvian partner Regionala Investiciju Banka (RIB) created the lending program “Pivdenniy West Bridge”, which makes it easier for Ukrainian businesses to obtain European loans. It will be operational from the third quarter of 2022.

This is almost the only offer that currently exists on the market – no one else can offer similar programs now.

Both banks occupy leading positions in the corporate segment on domestic markets. The capital of “Pivdenny” bank reaches 136 million dollars, and that of its Latvian partner RIB – 50.1 million euros. The loan portfolio of the Ukrainian bank is more than 377 million dollars, the Latvian one is more than 117 million euros.

“Pivdenny” has 30 years of experience in cooperation with Ukrainian businesses, which allows us to qualitatively assess the client’s business results in Ukraine and its prospects. The Latvian partner bank RIB, in turn, understands how the European financial market works, what are the legal subtleties in the EU, as well as what problems clients most often face.

As part of the program, banks have created a hybrid team that makes obtaining financing as convenient and “seamless” as possible for the client. Representatives of “Pivdenny” conduct complex communication with the client, and also deal with the economic block of the credit project: project structuring, collection of documents, financial analysis, assessment of the client’s business in Ukraine, assessment of the project’s strategy and risks in Europe.

RIB bank representatives conduct an analysis of the project’s compliance with European standards, deal with the legal block of the project, mandatory KYC, AML procedures, opening a current account and directly organizing the conclusion of a financing agreement.

Ukrainian businesses that are interested in the program should contact representatives of “Pivdenny” bank, who will provide detailed advice and select the most appropriate offers.

Thus, the program ensures a comfortable entry of Ukrainian business into the European financial field – thanks to the processes typical for Ukrainian banks, clients almost do not experience the complexity and duration of consideration of credit projects by European banks.