KredoBank has received additional financial guarantees worth €100 million from the European Bank for Reconstruction and Development. The two new agreements, signed during the Ukraine Recovery Conference 2026 in Gdańsk, Poland, are part of the Framework Agreement on participation in the EBRD’s risk-sharing mechanism.
According to Jakub Karnowski, Chairman of the Management Board of JSC KredoBank, Ukrainian companies have already received a total of €249 million in financing under the bank’s portfolio covered by EBRD limits and guarantees. The funds were directed to key sectors of the Ukrainian economy, including agriculture, food processing, logistics, and retail.
“The additional €100 million from the EBRD will allow KredoBank to expand lending to Ukrainian companies not only in the small and medium-sized business segment, but also in the corporate segment,” said Jakub Karnowski.
Of the total amount of new guarantees, €60 million will be directed to support small and medium-sized business clients — companies with annual revenues of up to €50 million and up to 250 employees.
This part of the financing will be implemented under two programs. The first is the EBRD’s Resilience and Livelihoods Guarantees program, which provides for the bank’s participation in risk sharing of up to 70%, a guarantee coverage period of up to five years, and the possibility of lending without additional property collateral.
The second is the program supporting SME competitiveness and inclusion in the European Union’s Eastern Partnership countries within the framework of the Financial Intermediaries Facility. It allows KredoBank’s clients to receive grant support of up to 30% for the implementation of investment projects that meet EBRD requirements.
A distinctive feature of the new agreement is also the Enterprise Security Enhancement mechanism, which will allow the bank to partially write off loans to companies whose assets have been damaged as a result of the war.
Another €40 million in guarantees will be directed toward financing large corporate clients without restrictions on revenue or number of employees. This agreement is being implemented through the EBRD’s Resilience and Livelihoods Guarantees program.
The main parameters of the program for large clients include EBRD risk-sharing participation of up to 80%, a guarantee coverage period of up to five years, and a maximum covered loan amount equivalent to €4 million. The program also provides for the possibility of issuing loans without additional property collateral.
The signing of the new agreements with the EBRD expands KredoBank’s capacity to finance Ukrainian businesses and provides access to credit resources on more favorable terms for both SMEs and large companies.
