Latest news, Opportunities, Stories, Explainers, Publications, Opinion polls, Profiles, Blog, Activities
EU and EBRD boost Ukrainian small business funding via Bank Lviv
November 5, 2021

EU and EBRD boost Ukrainian small business funding via Bank Lviv

The European Bank for Reconstruction and Development (EBRD) is extending a local-currency loan worth the equivalent of €10 million to JSC Joint Stock Bank Lviv to facilitate access to finance for micro, small and medium-sized enterprises (MSMEs) in Ukraine.

At least 50 per cent of the financing will be dedicated to supporting projects that promote environmental goals.

The EBRD loan will also help Bank Lviv to diversify its funding structure with medium-term local-currency resources and support the growth of its MSME portfolio, with a focus on sustainable green financing.

The financing is part of the EU4Business-EBRD credit line, a joint programme by the EBRD and the European Union, aimed at enabling companies to upgrade their products and services in line with EU standards, foster safe workplaces and promote green practices.

Find out more

Press release

SEE ALSO

Interested in the latest news and opportunities?

Sign up

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,