The European Bank for Reconstruction and Development (EBRD) will partially cover ProCredit Bank Ukraine (PCBU)'s credit risk on €70 million of new loans for Ukrainian businesses.
EBRD to partially cover credit risk on ProCredit Bank Ukraine's €70 million in loans to local businesses
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Ukraine's small firms emerge as key drivers of trade resilience under war and pandemic, study finds
Small and micro-sized Ukrainian businesses emerged as some of the country's most resilient traders during both the COVID-19 pandemic and Russia's full-scale invasion, while large companies struggled to translate their scale into productivity gains, according to a new study.
Polish development bank launches PLN 250 million loan program to back local firms joining Ukraine's reconstruction
The Polish state development bank, Bank Gospodarstwa Krajowego (BGK), said it will provide a total of PLN 250 million ($65 million) to three local financial partners for on-lending to local companies that want to take part in Ukraine's reconstruction. The funding was made available to BGK by
Swiss government agency calls for proposals to join Ukraine's reconstruction in CHF 500 million program
The State Secretariat for Economic Affairs of Switzerland (SECO) will on Jan 30 issue a call for proposals for Swiss companies operating in Ukraine to apply for co-funding of projects contributing to Ukraine's reconstruction and economic recovery under a previously announced CHF 500 million ($552 million) program.
EBRD lends €20 million to ProCredit Bank Ukraine for on-lending to SMEs
The European Bank for Reconstruction and Development (EBRD) said it is providing a €20 million local currency loan to ProCredit Bank Ukraine for on-lending to local small and medium-sized enterprises (SMEs). The loan, supported by up to 10% interest rate subsidy from the European Union, will help Ukrainian
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War-related pollution threatens drinking water in southern Ukraine, study finds
Military activity has significantly degraded surface water quality in Ukraine's Dnipropetrovsk region, raising concerns that key rivers and canals used for drinking water and irrigation could become unsafe for human consumption, according to new research. A study by a group of Ukrainian scientists found an increase in concentrations
Ukraine deeply integrated with EU but missing higher-value industrial opportunities - UNIDO
Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
Ukraine, Switzerland launch local recovery governance project
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine receives €236 million loan under World Bank's PEACE project
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance