EBRD’s guarantee to Ukraine’s Ukreximbank to enable €40 million of new lending
The EBRD’s facility will cover up to 50 percent of Ukreximbank’s credit risk on newly issued sub-loans worth €40 million to private businesses operating in Ukraine.
Total enabled financing under similar EBRD guarantees, signed since the start of Russia’s full-scale war on Ukraine, amounted to close to €900 million by end-2023.
Up to 20 per cent of the risk-shared loans will support private micro-, small and medium-sized businesses’ (MSMEs’) long-term investments in EU compliant and green technologies, improving Ukrainian MSMEs’ competitiveness on domestic and foreign markets.
The EBRD has deployed €4 billion in Ukraine since the start of the war. As well as support for the private sector, its strategic priorities in the country are supporting energy security, vital infrastructure, food security and trade.