EIB to provide Ukreximbank with €100 million to support small businesses

The European Investment Bank (EIB) plans to provide state-owned Ukreximbank with up to €100 million in financing to support small and medium-sized businesses (SMEs) in Ukraine. The corresponding Letter of Intent was signed during the International Conference on the Reconstruction of Ukraine URC2025, Interfax-Ukraine reports.The funds will be directed primarily to projects in the fields of energy efficiency, renewable energy and environmental technologies. The EIB emphasizes that the agreement opens up access to long-term resources for Ukrainian businesses on attractive terms.

Not only SMEs, but also mid-cap companies will be able to receive financing - both for the implementation of investment projects and for replenishing working capital. Among the priorities are the development of renewable energy sources, the introduction of energy-saving technologies and environmental innovations.The Chairman of the Board of Ukreximbank Viktor Ponomarenko noted that this agreement gives businesses real tools for modernization and sustainable growth.It was previously reported that PrivatBank and the EBRD signed the largest agreement in the history of the Ukrainian banking sector, which provides for a new portfolio risk sharing program. It will allow issuing up to €600 million in loans to support SMEs in Ukraine.

 

Source: https://fintechinsider.com.ua/yeib-nadast-ukreksimbanku-e100-miljoniv-dlya-pidtrymky-malogo-biznesu/