The European Investment Bank (EIB) has approved a project to provide ProCredit Bank (Kyiv) with a partial portfolio guarantee of EUR7 million, which will enable the financial institution to issue up to EUR35 million in loans to micro, small, and medium-sized enterprises (MSMEs).
As stated on the EIB website, the guarantee is part of the EU4Business Guarantee Facility II program, which aims to improve lending conditions for businesses, in particular by reducing collateral requirements and lowering interest rates, thereby expanding access to finance for MSMEs in Ukraine.
As reported, EU4Business Guarantee Facility II is a program under which the EIB provides Ukrainian banks with partial portfolio guarantees to expand lending to MSMEs. Its goal is to simplify access to financing for these enterprises by improving loan conditions. The total volume of the program is estimated at EUR 300 million, of which EUR 40 million is EIB guarantees. The project was approved on May 5, 2025.
ProCredit Bank is part of the ProCredit Holding AG (Germany) banking group, which owns 100% of its shares. According to the National Bank, as of October 1 this year, it ranked 16th (UAH 44.68 billion) among 60 banks in Ukraine in terms of total assets.
