The key messages voiced by Scott Nathan, CEO of the U. S. International Development Finance Corporation (DFC), at the session “Investment Opportunities and De-risking Mechanisms to Mobilise Private Finance” at the Ukraine Recovery Conference URC2023:
– We provide loan guarantees and other financial mechanisms to support SMEs in Ukraine. To date, DFC has issued over USD 1 billion in financing in Ukraine.
– To support Ukraine’s cross-border trade, British International Investment (BII), DFC, and MIGA agreed to risk-share IFC’s trade finance exposure, GTFP program. The USD 50 mln transaction was first of its type in the history of the DFC.
– DFC is doing additional project with Bank “Lviv”, USD 20 mln in loan guarantees to support SMEs.
– DFC is open to consider investment projects in order to cover them against war/political risks in Ukraine.
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