| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 500.00 |
SECOND PROGRAMMATIC FINANCIAL SECTOR DEVELOPMENT POLICY LOAN
Abstract*
The development objective of the Second Programmatic Financial Sector Development Policy Loan (FSDPL) Project for Ukraine is to support the authorities in: (i) strengthening the operational, financial, and regulatory capacity of the deposit guarantee fund (DGF) for the resolution of insolvent banks; (ii) improving the solvency of the banking system through implementation of bank recapitalization and restructuring plans and timely enforcement action;... Show More
Development Objective
The Second Programmatic Financial Sector Development Policy Loan (FSDPL2) supports a program of high-priority reform measures in the banking sector, and is a part of the World Bank Group’s broader crisis-response support package for Ukraine. The proposed FSDPL2 is the second in a series of two operations and is in the amount of US$500 million. The objective of the proposed FSDPL series is to assist the authorities in: (i) strengthening the operational, financial and regulatory capacity of the Deposit Guarantee Fund (DGF) for the resolution of insolvent banks; (ii) improving the solvency of the banking system through implementation of bank recapitalization/restructuring plans and timely enforcement action; and (iii) strengthening the legal and institutional framework to improve resiliency and efficiency of the banking system.
Key Details
Project Details
P151941
Closed
Rinku Chandra
Ministry of Finance
September 15, 2015
(as of board presentation)
September 15, 2015
September 16, 2015
US$ 500.00 million
Ministry of Finance
2016
US$ 500.00 million
N/A
Not Applicable
June 30, 2016
BANK APPROVED
June 17, 2020
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 500.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 500.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 15, 2015 | IBRD-85370 | Loan Commitment | 500,000,000.00 |
| Aug 15, 2024 | IBRD-85370 | Int Charges | 75,165.46 |
| Aug 15, 2024 | IBRD-85370 | Int Charges | 12,678,004.00 |
| Aug 15, 2024 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Feb 15, 2024 | IBRD-85370 | Int Charges | 125,548.88 |
| Feb 15, 2024 | IBRD-85370 | Int Charges | 13,384,720.00 |
| Feb 15, 2024 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Feb 15, 2023 | IBRD-85370 | Int Charges | 770,698.90 |
| Feb 15, 2023 | IBRD-85370 | Int Charges | 10,480,679.00 |
| Feb 15, 2023 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Aug 15, 2023 | IBRD-85370 | Int Charges | 476,576.34 |
| Aug 15, 2023 | IBRD-85370 | Int Charges | 12,217,264.00 |
| Aug 15, 2023 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Aug 15, 2021 | IBRD-85370 | Int Charges | 2,337,916.80 |
| Feb 15, 2022 | IBRD-85370 | Int Charges | 2,274,444.50 |
| Feb 15, 2022 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Aug 15, 2022 | IBRD-85370 | Int Charges | 3,294,637.50 |
| Aug 15, 2022 | IBRD-85370 | Loan Repay | 22,750,000.00 |
| Aug 15, 2020 | IBRD-85370 | Int Charges | 6,041,389.00 |
| Feb 15, 2021 | IBRD-85370 | Int Charges | 2,657,777.80 |
| Aug 15, 2019 | IBRD-85370 | Int Charges | 8,647,778.00 |
| Feb 15, 2020 | IBRD-85370 | Int Charges | 6,951,111.00 |
| Feb 15, 2018 | IBRD-85370 | Int Charges | 5,392,222.00 |
| Aug 15, 2018 | IBRD-85370 | Int Charges | 6,837,778.00 |
| Feb 15, 2019 | IBRD-85370 | Int Charges | 8,152,222.00 |
| Feb 15, 2016 | IBRD-85370 | Int Charges | 2,286,010.00 |
| Sep 16, 2015 | IBRD-85370 | Fee Charges | 1,250,000.00 |
| Sep 16, 2015 | IBRD-85370 | Loan Disb | 1,250,000.00 |
| Aug 15, 2016 | IBRD-85370 | Int Charges | 3,614,722.20 |
| Sep 17, 2015 | IBRD-85370 | Loan Disb | 498,750,016.00 |
| Feb 15, 2017 | IBRD-85370 | Int Charges | 4,625,555.50 |
| Aug 15, 2017 | IBRD-85370 | Int Charges | 4,977,500.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2017 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | Substantial |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Substantial |
| Implementing Agency | Substantial |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 12-24-2019 | PROJECT PERFORMANCE ASSESSMENT REPORT: 01-18-2018 |
|---|---|---|
| Outcome Rating | Satisfactory | Satisfactory |
| Risk To Development Outcome | High | Substantial |
| Bank Performance | Satisfactory | Satisfactory |
| Borrower Performance | Moderately Satisfactory | Satisfactory |
| Government Performance | Satisfactory | |
| Implementing Agency | Satisfactory | Satisfactory |
| Icr Quality | Substantial | |
| M&e Quality | Modest | Substantial |
Results Framework
No data available.