Ukraine’s partners provide tens of millions of euros in guarantees for Ukrainian business lending.
The Polish bank BGK and Ukrainian Kredobank signed an addendum to an agreement. Kredobank will receive an additional €10M in EC guarantees for lending to Ukrainian entrepreneurs. These funds will increase the bank’s ability to provide loans to companies operating in Ukraine to €20M, primarily those companies operating in territories liberated from occupation and in areas near the zone of active hostilities. BGK and Kredobank began cooperation within the framework of EU guarantees in January 2023. Through this mechanism, Kredobank