EBRD to invest at least EUR 1.7 bln in Ukraine in 2023
The European Bank for Reconstruction and Development (EBRD) will not reduce the volume of investments in Ukraine in 2023 compared to investments provided in 2022 (EUR1.7 billion), said Matteo Patrone, the managing director of the bank for Eastern Europe and the Caucasus.
"The EBRD will not cut investment in 2023. We want to maintain the same number of activities, if not more, than in 2022, but it is clear that we must remain extremely flexible in terms of investment directions," he said during the EBRD conference on Wednesday.
The focus of the organization is broadly the same as last year, he said: food security, infrastructure and private sector resilience.
"However, the structure of these spheres may change depending on the situation," he said.
Matteo added that in 2023 the EBRD may focus more on logistics transport and municipal infrastructure.
Advertising
Advertising
MORE ABOUT
EBRD will consider co-investing with UDF in future
12:15, 26.03.2024
EBRD provides $25 mln trade finance limit to PrivatBank
12:50, 14.03.2024
EBRD to provide EUR 200 mln loan to Ukrhydroenergo for emergency restoration of HPPs
15:02, 29.01.2024
OTP Bank offers investment loans to SME clients with possibility of reimbursement of up to 20% of funds received
17:12, 27.12.2023
Ukraine agrees to raise EUR 150 mln from EBRD to support Ukrenergo
16:07, 15.12.2023
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