12/02/2025

 

As part of the EU for Ukraine Initiative, the state-owned Ukreximbank has signed a financial agreement with the European Investment Bank (EIB) under the Economic Resilience Support Programme, securing EUR 100 million in funding. This new agreement will provide Ukrainian businesses access to long-term financing sources for investment sub-projects.

The financial agreement aims to expand access to long-term financing for private enterprises, including small and medium-sized enterprises (SMEs) and mid-cap companies, supporting investment sub-projects and working capital needs.

"Ukreximbank has a long-standing successful track record of linking the EIB with Ukrainian MSMEs through tailor-made programmes that support sustainable development. This financial package will enhance Ukreximbank's lending capacity, enabling the lender to provide much-needed funding to Ukrainian businesses to support them to continue their operations and safeguard livelihoods, which is crucial for fostering economic resilience and enabling Ukraine to rebuild in the aftermath of the war," said Teresa Czerwińska, Vice President of the European Investment Bank Group, who oversees the Bank's operations in Ukraine.

"Ukreximbank's partnership wih the EIB began 14 years ago, and we highly appreciate the Bank's strong commitment to supporting private enterprises in Ukraine. Today, Ukreximbank acts as a financial bridge between Ukrainian businesses and international financial institutions. One of our key missions is to foster economic growth and ensure a stable revenue flow for the country," stated Viktor Ponomarenko, Chairman of Ukreximbank's Management Board.

EIB in Ukraine

The European Investment Bank (EIB) is the lending institution of the European Union, owned by its Member States. The EIB Group has been supporting Ukraine's resilience, rebuilding efforts, and economy since the very first day of russia's full-scale invasion.

In 2024, the Bank supported projects aimed at securing Ukraine's energy supply, repairing damaged critical infrastructure, and ensuring the uninterrupted delivery of essential services across the country. This brings total EIB aid disbursed since the start of the war to over EUR 2.2 billion. In 2024, the EIB signed over EUR 250 million in new investment for projects to further enhance social infrastructure and support businesses that are the backbone of Ukraine's economy.