The Banking and Finance team of GRATA International advised the EBRD on four risk-sharing framework deals

Marina Kahiani, Partner of the Banking and Finance team and Zarina Kabashova, Associate advised the European Bank for Reconstruction and Development (EBRD) on four risk-sharing framework deals in 2023. The signing took place at EBRD's annual meeting on 17 May 2023 in Samarkand. 

EBRD is supporting small and medium-sized enterprises (SMEs) in Kazakhstan by providing fresh funds jointly with its financial intermediaries. The Bank will share up to 50 percent of risk on KZT 2.42 billion (around US$5.4 million) loans provided by its long-term partner Bank CenterCredit to local borrowers which include the local leading furniture producer "KPK ZETA", a Kazakh supplier of packaging materials and equipment "Intellpack", and a Kazakh pharmaceutical company "VivaPharm".