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Who we are
Overview: about the EBRDWho we are
Overview: about the EBRD
Our story
Learn about the EBRD's journey to investing more than €220 billion in over 7,800 projects.
- Our background and history
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What we do
Overview: how the EBRD operatesWhat we do
Overview: how the EBRD operates
How we deliver systemic impact
Across three continents, the EBRD supports the transition to successful market economies.
- Where we work
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Work with us
Overview: how you can work with the EBRDWork with us
Overview: how you can work with the EBRD
What we offer for businesses
We draw on three decades of regional knowledge and financial expertise to tailor our products and approaches to each client's needs.
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Light
Eng
Eng
- EBRD provides ProCredit Bank Ukraine with €20 million local currency loan
- Loan will support ProCredit’s medium-term on-lending to its clients’ businesses
- Loan is supported by up to 10 per cent interest rate subsidy from the European Union
The European Bank for Reconstruction and Development (EBRD) is lending €20 million in local currency to ProCredit Bank Ukraine (PCBU) to bolster the bank’s medium-term lending to Ukrainian private businesses, ensuring critical support for the country’s economy in essential sectors such as agribusiness, food security and manufacturing.
This loan will enable PCBU to help its small- and medium-sized enterprise (SME) clients address working capital and investment needs, safeguarding livelihoods and sustaining key business activities.
As well as supporting firms impacted by Russia’s war on Ukraine, the loan will contribute to the resilience of Ukraine’s banking sector, since medium-term local-currency funding options remain limited domestically.
Thirty per cent of all sub-loans financed the EBRD’s loan proceeds will enable sub-borrowers to make investments in sustainable and green technologies.The loan will be supported by an interest rate subsidy of up to 10 per cent from the European Union via EU4Business.
ProCredit Bank Ukraine, one of Ukraine’s top 15 banks, is a longstanding client of the EBRD. With SMEs comprising more than 98 per cent of its client base, the bank is a key partner for the EBRD’s outreach to private business, both through loans and unfunded portfolio risk-sharing instruments.
PCBU has channelled more than €235 million to local firms through several projects with the EBRD, including €165 million of portfolio risk-sharing facilities signed in 2022-24. It also recently signed a €10 million trade finance line with the EBRD’s Trade Facilitation Programme (TFP).
The EBRD, Ukraine’s biggest institutional investor, has deployed more than €5.4 billion in Ukraine since the start of the war. The Bank focuses on maintaining energy and food security, restoring critical infrastructure at the national and municipal level, providing trade finance and supporting the private sector.