PrivatBank, the largest state bank in Ukraine, is processing loan applications from corporate clients totaling over 20 billion UAH. As reported by board member Yevhen Zaihraiev, this involves dozens of diverse projects, with significant emphasis on initiatives in the defense sector.
This is reported by Business • Media
Expansion of Corporate Lending and Economic Support
According to Zaihraiev, in 2025 alone, PrivatBank financed several dozen companies and significantly increased its corporate loan portfolio. While this figure was 3.8 billion UAH in 2024, it reached 10.2 billion UAH in the first nine months of the current year, indicating a growth of over 200%.
“We have made the decision that after a 10-year hiatus, we must return to lending to corporate clients. This will ensure support for the economy, create added value, and assist those sectors that are suffering the most during wartime and need help,” Zaihraiev noted.
Focus on Strategic Sectors and Coordination with the State
Since the beginning of 2025, the volume of lending to businesses and corporate clients from PrivatBank has already reached 50 billion UAH. The bank is ready to invest in the development of companies operating in key sectors of the economy, including agriculture, retail, manufacturing, energy (with a special focus on renewable energy), and the defense industry, including state-owned enterprises.
Currently, the government and the banking sector are actively collaborating to create effective financing mechanisms for defense enterprises. Last week, Minister of Defense Denys Shmyhal held a meeting with representatives of banks and relevant ministries, during which the possibilities of financing weapon manufacturers for fulfilling state defense orders were discussed. A consortium of state banks is already in place in Ukraine to accumulate funds for these purposes, and work is underway to attract private financial institutions, including those with foreign capital, through the implementation of mechanisms for insuring war risks.