Business news from Ukraine

Business news from Ukraine

IFC to cover risks of Credit Agricole for EUR 100 mln

16 July , 2025  

The International Finance Corporation (IFC) will cover the risks of Credit Agricole Bank (Kyiv) for EUR 100 million on new business loans in various sectors of the economy – agribusiness, manufacturing, energy and logistics, as well as to support Ukraine’s energy security.

According to the bank’s website, a EUR 100 million risk-sharing agreement to boost lending to medium and large businesses in the agribusiness, manufacturing, energy and logistics sectors, as well as to support energy security, was signed on July 11, 2025.

About 30% of the loan funds are planned to be used to finance small-scale renewable energy projects, the implementation of climate-smart solutions in agriculture, and energy efficiency measures.

The program is being implemented with the financial support of the French government, the Foreign and Commonwealth Office, and the UK Department for International Development under the World Bank Group’s Guarantee Facility.

According to the National Bank of Ukraine, as of April 1, 2025, Credit Agricole Bank ranked 11th in terms of total assets among 60 banks in the country – UAH 119.6 billion, or 3.2% of the market.

 

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