EBRD and UKRSIBBANK provide US$ 17 million to leading Ukrainian feed producer

On 23 January, the European Bank for Reconstruction and Development (EBRD) announced that it has partnered with UKRSIBBANK BNP Paribas Group to support YEDNIST’ GROUP, a leading Ukrainian feed producer and supplier of comprehensive solutions for livestock farming.

Under a risk-sharing agreement between the two institutions, the EBRD will cover up to 60 per cent (US$ 10.2 million) of the risk on UKRSIBBANK’s US$ 17 million loan to YEDNIST’ GROUP. 

The financing will help the agri leader maintain production of compound feed and premixes, as well as pet food and veterinary distribution, and expand domestic and export sales during a period of heightened economic uncertainty.

“This transaction demonstrates the EBRD’s commitment to supporting Ukraine’s private sector in wartime, helping businesses remain competitive and inclusive while contributing to the country’s economic recovery,” reads a statement from the Bank.

The EBRD has substantially increased its investments in Ukraine since Russia launched its full-scale war in 2022, deploying more than €9 billion to support energy security, vital infrastructure, food security, trade and the private sector.

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Press release