15/07/2025
On the sidelines of the recent Ukraine Recovery Conference in Rome, Ukreximbank signed a Letter of Intent with the European Investment Bank (EIB) to conclude a €100 million financial agreement within the framework of the "UA Economic Resilience Facility Ukreximbank II."
The signing of the agreement will provide Ukrainian businesses with access to long-term financing on attractive terms.
The goal of the Facility is to expand access to long-term financing for investment projects and the working capital needs of SMEs and mid-cap companies. As part of the EIB’s “Green Window,” the bank’s clients will be able to implement projects in renewable energy, energy efficiency, and clean innovative technologies.
During wartime and the post-war recovery period, this Facility will be critically important for introducing innovative solutions, implementing essential energy efficiency projects, and supporting the private sector to ensure the sustainable development of Ukraine’s economy, foster integration into the EU economy, and support the international expansion of Ukrainian businesses.
“Cooperation with the EIB opens up new opportunities for Ukrainian enterprises at a crucial time for the country. Access to long-term financing will enable companies to implement environmentally-oriented projects, modernize production, and confidently integrate into the EU economic space,” commented Viktor Ponomarenko, Chairman of the Management Board of Ukreximbank.
BACKGROUND:
The European Investment Bank (EIB) is the bank of the European Union, owned by the EU’s 27 member states. In Ukraine, the EIB is a key international financial institution focused on supporting social and economic infrastructure, transport and communications, the development of the local private sector, energy efficiency, innovation, and climate change mitigation.
The EIB has been operating in Ukraine since 2007. As the EU’s bank, it supports Ukraine and helps create the conditions necessary for the country’s economic stability and sustainable development. Since the start of russia’s full-scale invasion in 2022, the EIB has significantly increased its financial support to Ukraine, focusing on recovery and resilience, and has provided €3.6 billion in financing.