The European Investment Bank (EIB) has granted Lviv-based Kredobank a partial portfolio guarantee of €6 million, which will allow the bank to significantly expand financing for micro, small, and medium-sized enterprises (MSMEs) in Ukraine. Through this instrument, Kredobank will be able to provide up to €30 million in new loans to entrepreneurs operating in the MSME segment.
According to EIB project documentation, all required agreements related to the guarantee were signed on December 22, 2025, although the project itself received approval earlier, on June 10, 2025. The guarantee covers a portion of the bank’s loan portfolio and reduces risks for the financial institution when lending to businesses, particularly amid heightened economic uncertainty.
The financing is provided under the EU4Business Guarantee Facility II program, whose primary objective is to expand MSMEs’ access to bank financing. The program is designed to improve funding conditions for entrepreneurs, including by lowering collateral requirements and offering more flexible loan terms, which is especially important for small companies and microbusinesses.
Overall, the EU4Business Guarantee Facility II program was approved on May 5, 2025, and предусматриває total financing of approximately €300 million. Of this amount, €40 million is allocated directly to guarantees from the European Investment Bank, which are used to leverage a substantially larger volume of lending through partner banks.
Kredobank is included in the list of systemically important banks in Ukraine — a status that is confirmed annually by the regulator and entails enhanced supervision by the National Bank of Ukraine. The bank’s sole shareholder is the Polish state-owned bank PKO Bank Polski.
According to the National Bank of Ukraine, as of November 1, 2025, Kredobank ranked 14th by total assets among the 60 banks operating in the country. Its assets amounted to UAH 70.45 billion at that date, underscoring the bank’s significant role in the financial system and its capacity to scale business lending with the support of international financial institutions.
