European Bank for Reconstruction and Development (EBRD) in 2022-2023 will send up to EUR3 billion to Ukraine, the bank’s president, Odile Renaud-Basso, said following a meeting with Ukrainian President Volodymyr Zelensky in Kyiv on Friday.
“I told the President that our commitment is long-term and we are investing up to EUR3 billion in 2022-2023 to support the economy, the private sector and the urgent reconstruction of vital infrastructure,” the head of the EBRD said in a tweet.
According to her, over the current year, the total volume of EBRD investments in Ukraine will amount to more than EUR1 billion.
The European Bank for Reconstruction and Development is one of the largest institutional investors in the Ukrainian economy. In 2021, he invested EUR1 billion in the country.
