Business news from Ukraine

GERMANY’S KFW TO PROVIDE EUR 300 MLN TO UKRAINE TO SUPPORT SME FINANCING

3 April , 2017  

KYIV. April 3 (Interfax-Ukraine) – Germany’s KfW bank will provide EUR 300 million to Ukraine to support financing of small and medium-sized enterprises (SME) in the country.
According to a press release of the German-Ukrainian fund (GUF), the agreement will be signed by the National Bank of Ukraine (NBU), Finance Ministry of Ukraine and KfW in Kyiv on April 4.
The details of the program will be published after the signing of the agreement.
The German-Ukrainian fund was created in 1999. Its founders are the NBU, Finance Ministry and KfW.