Oschadbank and the European Bank for Reconstruction and Development (EBRD) have agreed to launch of a new support mechanism for Ukrainian businesses, providing for the creation of a financing portfolio of up to €510 million. The relevant mandate document was signed in London on March 30 following a meeting between Oschadbank Chairman Yurii Katsion and EBRD Managing Director Francis Malige on the sidelines of the “Road to URC 2026” conference.
The initiative is based on a risk-sharing mechanism that will enable more active business lending under conditions of heightened uncertainty. Under the new program, the EBRD will be able to assume up to 70% of the credit risk on individual transactions, significantly reducing the burden on the bank and expanding financing opportunities for companies.
As Yurii Katsion noted, since the beginning of 2024 Oschadbank has already been implementing similar programs jointly with the EBRD, with the total financing limit under those facilities reaching €300 million. The new instrument will become a continuation of this cooperation and will make it possible to significantly increase the volume of funding available to businesses.
The program is designed to support the most vulnerable yet strategically important categories of enterprises. In particular, financing will be available to companies affected by the war or physical destruction, relocated businesses, enterprises involved in economic recovery, as well as veteran-owned businesses, internally displaced persons-led businesses, and women-led companies.
The parties agreed to continue working on the details of the mechanism, including its structure and the key parameters of further cooperation, in order to ensure the effective implementation of the program.
Oschadbank remains one of the key players in Ukraine’s banking sector, serving around 6 million active customers and holding a leading position in corporate lending with a market share of about 14%. As of February 1, 2026, the bank’s loan portfolio stood at UAH 127.5 billion, while its net assets totaled UAH 494.51 billion, placing it second among 60 Ukrainian banks by this indicator.
For its part, the EBRD continues to actively support the Ukrainian economy. In 2025, the bank provided €2.9 billion in financing, of which €504 million was allocated specifically through risk-sharing programs. This enabled Ukrainian partner financial institutions to issue new loans totaling up to €1.6 billion, strengthening business access to financial resources even amid wartime risks.
