National Bank of Ukraine reports Ukrainian banks signed almost EUR 1.5 billion in financing and guarantee deals with international partners at URC 2025

The National Bank of Ukraine published a roundup of agreements Ukrainian banks concluded with international institutions at the Ukraine Recovery Conference 2025 in Rome, totaling almost EUR 1.5 billion. The funding is intended to support new lending to Ukrainian businesses, finance municipal projects, and back energy and energy-efficiency investments. Key transactions included European Bank for Reconstruction and Development guarantees for PrivatBank (EUR 185 million, intended to enable up to EUR 600 million of new loans) and Ukrgasbank (EUR 89.2 million, intended to enable up to EUR 300 million of new loans). Ukrgasbank also signed three European Investment Bank agreements comprising a EUR 70 million SME credit line, a EUR 31.25 million portfolio guarantee, and a EUR 50 million municipal loan for decentralized heat generation, renewable integration, and energy-efficiency upgrades in public buildings. Other deals included an Ukreximbank letter of intent for an EUR 100 million EIB agreement under the Economic Resilience Support Program II, an Oschadbank EUR 50 million EIB credit line for municipal heating and energy-efficiency projects, Credit Agricole Ukraine’s EUR 100 million risk-sharing agreement with the International Finance Corporation, Bank Lviv’s EUR 60 million EIB SME loan alongside a guarantee agreement and a Belgian-related EUR 5 million letter of intent, letters of intent by Kredobank and Piraeus Bank for EUR 30 million of EIB guarantees, and a EUR 40.5 million KfW grant agreement with the Business Development Fund for an SME Resilience Facility to be combined with Ukraine’s Affordable Loans 5–7–9% program. Several items were signed as letters of intent, indicating follow-on financial and guarantee agreements are expected to be concluded.