The European Bank for Reconstruction and Development (EBRD) plans to support the provision of new loans to small and medium-sized enterprises in Ukraine through a risk-sharing mechanism. As noted by the bank, “ProCredit Bank” will have the opportunity to provide sub-loans totaling up to €60 million for private enterprises and households.
This is reported by Бізнес • Медіа
The funds will be directed towards investments in energy production and storage, as well as improving energy efficiency. Approximately 70% of the financing will go towards implementing projects that align with the principles of transitioning to a “green” economy. Importantly, “ProCredit Bank” intends to allocate up to 20% of the sub-loans for financing long-term capital investments of micro, small, and medium-sized enterprises to modernize technologies and equipment in accordance with European standards.
Incentives for the Housing Sector and War-Affected Individuals
Up to 8% of the total investment volume will be directed to support the housing sector, particularly households and homeowners’ associations (HOAs). For such borrowers, grant support is provided, funded by the government of the Netherlands through the EBRD Special Fund (ESSF), which can cover between 10% and 30% of their investment costs.
Additionally, extra investment incentives will be provided to enterprises and households that have suffered the greatest losses due to the war.