The Government of Ukraine and the European Investment Bank have started active work on the preparation of new financial agreements

The Government of Ukraine and the European Investment Bank have started active work on the preparation of new financial agreements

The EIB is expected to approve a EUR 250 million support package for Ukraine’s energy sector in the near future.

In addition, a number of potential joint projects are planned, including those aimed at providing housing for Ukrainian citizens.

In terms of current initiatives, the EIB is financing small and medium-sized enterprise projects with three Ukrainian banks: Ukrgasbank, Procredit Bank and Ukreximbank, as well as preparing the signature of the Financial Agreement between Ukraine and the EIB on the project “Implementation of the Emergency Assistance System for the Population through a Single Number 112”. 

The European Investment Bank systematically supports Ukraine in priority areas. In total, the EIB’s public sector initiatives comprise 26 projects worth EUR 5.3 billion.

The portfolio of joint public-private projects is the largest in all years of cooperation and amounts to more than EUR 7 billion. Since the outbreak of full-scale war, the EIB has provided some EUR 2 billion of investment in all parts of the country.

The Bank’s financial support is aimed at addressing the country’s priority needs, including the restoration of critical infrastructure and the rehabilitation of the energy system.

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