The EBRD is launching a risk-sharing facility with Bank Lviv worth €50 million
The European Bank for Reconstruction and Development is considering providing Bank Lviv with guarantees to partially cover credit risks on new loans totaling up to €50 million.
The project aims to support private businesses in critical sectors of Ukraine’s economy. This is reported in the bank’s materials, according to Interfax-Ukraine.
The unfunded risk-sharing instrument will include two main components: €37.5 million under the “Resilience and Livelihoods Guarantee” program and €12.5 million under the EU4Business-EBRD credit line. The funds will be used to finance working capital and modernize equipment for small and medium-sized enterprises in accordance with EU standards. Particular attention will be paid to the implementation of “green” technologies and support for the agricultural sector, logistics, and the food industry.
The support mechanism is also aimed at assisting businesses affected by Russia’s full-scale aggression and promoting financial inclusion for veterans. The project’s implementation will help preserve sources of income in Ukraine and strengthen the resilience of the private sector under martial law. The EU4Business-EBRD credit line additionally provides investment incentives for entrepreneurs seeking to modernize their production facilities.
As part of preparations for the heating season, the European Bank for Reconstruction and Development (EBRD) plans to support the creation of approximately 700 MW of new electricity generation capacity, which is to be ready by winter.
Kharkiv Mayor Ihor Terekhov and EBRD Managing Director for Ukraine and Moldova Arvid Türkner signed a preliminary agreement to provide financing for the development of an “energy island” and the decentralization of the heat supply system.
