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Any Ukrainian bank for which cooperation with small and medium-sized enterprises is one of the priorities, which has a reliable, stable financial condition, complies with the regulations of the NBU and carries out profitable activities, can become a partner of the BDF.

By becoming a partner of the BDF and concluding a Partnership Agreement, the bank gets access to the BDF’s credit resources for all current and future programs and projects. The partner bank at its discretion determines the BDF programs in which it wishes to participate.

For Banks

The procedure for acquiring the status of a partner bank:

  1. A bank interested in partnering with the BDF should send a written request to the Chairperson of the Management Board of the BDF with justification of its interest in cooperation with the BDF for the purpose of developing SME lending together with a completed questionnaire that can be downloaded from the website.
  2. In the event of a positive evaluation of the questionnaire data, the BDF conducts a remote and on-site assessment of the bank, including an assessment of its financial condition, the presence in the bank’s strategy cooperation with SMEs, relevant credit technologies and procedures, and conducts a selective review of the credit files of SME borrowers lent by the bank at the expense of its own funds (if available) etc. Based on the results of the analysis, the BDF prepares materials for the Chairperson  of the BDF for consideration of the possibility of submitting to the BDF Council meeting the issue of approving the bank as a partner bank of the BDF.
  3. The Board of the BDF at its next meeting or in the working order decides on the approval of the bank as a partner of the BDF and the conclusion of the Partnership Agreement by the bank.
  4. BDF and the bank sign the Partnership Agreement, which defines the general framework of further cooperation between them.
  5. The BDF concludes loan agreements with the partner bank for the desired amount within the framework of the selected programs. At the same time, the total indebtedness of the partner bank to the BDF under all concluded credit agreements should not exceed 50% of the BDF’s equity capital.
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Basic lending conditions for BDF partner banks and sub-borrowers:

MICRO-CREDIT PROGRAM PROGRAM FOR REFINANCING MEASURES TO SUPPORT THE CREDIT SYSTEM IN RURAL AREAS MSME PROGRAM PROGRAM FOR SUPPORTING FINANCING OF INVESTMENT PROJECTS OF SMALL AND MEDIUM-SIZED ENTERPRISES ACCORDING TO PRIORITY AREAS

QUESTIONS AND ANSWERS

1. OUR MISSION

The purpose of the Fund's activity is to provide financial and other accompanying support to micro, small and medium-sized enterprises (hereinafter - MSMEs) in Ukraine

The Fund achieves its goal mainly through operations with Ukrainian banks, non-bank financial institutions and other financial service providers or similar institutions.

2. GENERAL PRINCIPLES

The Fund was founded by the Credit Institution for Reconstruction (KfW), the Cabinet of Ministers of Ukraine (represented by the Ministry of Finance) and the National Bank of Ukraine.

The Fund's participant, which owns 100.00% of the authorized capital, is the Cabinet of Ministers of Ukraine, represented by the Ministry of Finance of Ukraine.

The Fund conducts exclusively non-commercial (non-profit) business activities and does not distribute any income (profits) or their parts. Income (profits) or their parts of the Fund are used exclusively for financing expenses for the maintenance of the Fund, implementation of goals (objectives) and areas of activity.

3. MANAGEMENT

The Fund's management bodies are: 1) General Assembly - the highest management body of the BDF, 2) Supervisory Board - a collegial management body consisting of 5 (five) persons, of which 3 (three) members are independent, and 2 (two) - are representatives of the member (state represented by the Ministry of Finance). 3) The Board is the executive body of the Fund, which manages the current activities of the BDF.

4. LIST OF FINANCIAL SERVICES

BDF provides financial loans at the expense of its own funds to eligible partner banks for further lending to micro, small and medium-sized enterprises.

5. PROGRAMS

Credit programs are the main tool of BDF activity. BDF implements its programs according to the principle of a "second-tier" financial institution, providing financial resources to MSMEs through selected partner banks that meet certain requirements. Partner banks provide loans to target groups of MSMEs, which are described in BDF programs.

This principle makes it possible to distribute credit risks between partner banks and BDFand to cover all regions of the country with BDF Programs due to the developed branch network of BDF partner banks.

6. LICENSES AND PERMITS

General license for currency operations No. 2 dated 07.05.2006, issued by the National Bank of Ukraine.

7. Стратегія

The strategy for the further development of the BDF, which was adopted by its founders in 2010, defines the main directions of the BDF's development, improvement and development of the BDF's activities, strengthening its role in supporting the financing of MSMEs, including:

  • improvement of cooperation conditions with partner banks;
  • improvement and expansion of the range of credit products for MSMEs;
  • introduction of lending to partner banks and MSMEs in national currency;
  • introducing a limit on interest rates for final borrowers;
  • introduction of requirements for co-financing by partner banks from their own funds of BDF Programs;
  • consulting support for partner banks;
  • attraction of new donors;
  • taking measures to promote the activities of the BDF;
One of the most important directions of BDF development - is the increase in the volume of BDF credit operations in hryvnias and the improvement of the terms of credit products for MSMEs (including the limitation of the maximum interest rate on MSME loans), which are designed to increase the attractiveness and availability of BDF credit resources for MSMEs.

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