The agreement was signed in London on September 9. The EBRD instrument will cover up to 50% of the credit risk on Raiffeisen Bank’s new financing agreements. This will enable companies across key sectors of the economy — agribusiness, industrial production, pharmaceuticals, transport, and logistics — to secure funding.
A particular focus is placed on supporting small and medium-sized enterprises: 20% of the EBRD-guaranteed loans will be directed toward long-term investments in modern and green technologies that meet EU standards. This initiative aims to enhance the competitiveness of Ukrainian businesses both domestically and internationally.
Eligible borrowers will also be able to access technical assistance and EU grants under the EU4Business initiative. Additional incentives are foreseen for companies and households most affected by the war, as well as for businesses that promote employment of veterans, people with disabilities, and internally displaced persons.
The EBRD guarantee is supported by partial first-loss risk coverage from France and the EU under the Ukraine Investment Framework.
Since the start of the full-scale war, the EBRD has mobilized more than €3 billion in financing for Ukrainian borrowers through 37 agreements with 12 partner financial institutions.
Raiffeisen Bank is Ukraine’s largest private bank and the fourth largest overall by assets, totaling UAH 252.23 billion as of mid-2025. Established in 1992, its shareholders include Raiffeisen Bank International AG (68.21%), the EBRD (30%), and minority shareholders (1.79%).
