Ukreximbank signs EUR260 mln agreement with EIB to support private economy sector
State-owned Ukreximbank (Kyiv) has signed a financial agreement with the European Investment Bank (EIB) for EUR260 million to support the private sector of Ukraine's economy in the framework of the free trade area agreement with the European Union (EU-Ukraine DCFTA), according to the website of the Ukrainian bank.
According to the report, the agreement was signed in Brussels on December 19.
"Under the agreement, long-term loan funds will be used to finance the development of small and medium business in Ukraine, strengthen Ukrainian enterprises in the field of international trade, energy efficiency, environmental protection and other priorities," the report says.
According to Ukreximbank Chairman Oleksandr Hrytsenko, the bank intends together with the EIB to continue the financial support of small and medium-sized business, its new export opportunities, first of all, in European markets.
Ukreximbank was founded in 1992. Its sole owner is the state.
Advertising
Advertising
MORE ABOUT
EIB developing energy-efficient housing restoration program for Ukraine with EUR 230 mln budget
16:45, 19.04.2024
Ukraine to receive EUR 560 mln from EIB for energy, housing rehabilitation projects
15:03, 19.04.2024
EIB allocates almost EUR 100 mln to Ukraine for reconstruction projects
18:23, 19.12.2023
Ukrhydroenergo receives EUR133 mln tranche from EIB for rehabilitation of HPPs
19:44, 11.12.2023
Decision to open EIB representative office in Kyiv is important signal for Ukrainian business - Zelenskyy at meeting with bank’s management
14:27, 28.11.2023
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program