The Ukraine Investment Framework (UIF) Board of Directors has launched a EUR 1.6 billion call for applications to facilitate indirect lending to micro, small and medium-sized enterprises (MSMEs) through partner banks. This initiative aims to expand access to finance, particularly for businesses in war-affected regions.
The total funding includes EUR 1.4 billion in loan guarantees, EUR 200 million in grants and technical assistance. This programme will help SMEs to secure financing by reducing the risks for banks and allowing entrepreneurs to obtain loans with lower collateral requirements – crucial for business growth and recovery.
International Financial Institutions (IFIs) are currently preparing financing proposals to be approved by the European Commission and the Government of Ukraine. The new funding is expected to be available in the second half of this year. Businesses can already approach partner banks to submit preliminary applications. More than 15 banks are currently participating in the UIF, including PrivatBank, Oschadbank, Ukreximbank, Ukrgasbank, Raiffeisen Bank, Ukrsibbank, Kredobank and Bank Lviv. The list of partner banks may be extended.
The UIF Board also approved eight new investment programmes in strategic sectors, including: housing reconstruction and compensation for destroyed property; rehabilitation of municipal infrastructure; modernisation of hospitals; reconstruction of energy networks; development of renewable energy; transport logistics and industry.
These investment programmes will be implemented by partners such as
The Ukraine Investment Framework is a EUR 9.3 billion investment mechanism to support Ukraine’s economic recovery and modernisation. Its main objective is to mobilise investment for reconstruction and development. The European Commission launched the first call for applications in September 2024 to attract investment for Ukraine’s recovery.
More details available via the Ministry of Economy of Ukraine
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