EFSE and Piraeus Bank in Ukraine to support agricultural finance market

EFSE and Piraeus Bank in Ukraine to support agricultural finance market

October 29, 2021

On 28 October, the European Fund for Southeast Europe (EFSE) announced that it will provide a loan equivalent to €12 million in Ukrainian hryvnia to Piraeus Bank in Ukraine.

The investment will support the bank in expanding its lending to agricultural SMEs across Ukraine, contributing to business and economic recovery in the country, amid the fragile operating environment due to the coronavirus pandemic. 

Piraeus Bank has recently become an ESFE partner lending institution. It is a subsidiary of the Greece-based Piraeus Bank Group S.A. and focuses on serving Ukrainian SMEs operating in the agricultural, processing, trade, and manufacturing sectors.

Find out more

Press release




Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data.
© European Union,