EFSE Provides Its First Loan to the Ukrainian Leasing Sector

Date: 
07 Jun 2019

The European Fund for Southeast Europe (EFSE) has provided its first investment to OTP Leasing, Ukraine in the form of a senior loan of $10 million. This is also the fund’s first engagement with the leasing sector in Ukraine. The partnership will enhance access to longer-term fixed assets financing for rural and agricultural micro and small enterprises (MSEs), enabling them to increase production capacities and business competitiveness.

OTP Leasing is the largest leasing company in the country, with over 40 percent market share by value of leased assets and excellent know-how of the MSE market. The funding will enable the company to reach out to a large number of small businesses, including agricultural producers and farmers, and thus contribute to sustainable business and economic development in Ukraine.

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Country: 
Ukraine