The EBRD will facilitate €60M in loans to Ukrainian businesses to enhance energy production, storage, and efficiency.

Through a risk-sharing arrangement, EBRD will back the issuance of new loans by ProCredit Bank to small and medium-sized enterprises in Ukraine. With EBRD’s assistance, the bank anticipates providing sub-loans of up to €60M to private enterprises and households.

These funds will support investment in energy production, storage, and energy efficiency improvements. Approximately 70% of the financing will be allocated to projects that align with transitioning to a green economy. ProCredit Bank plans to allocate up to 20% of the sub-loans to finance long-term capital investments for micro, small, and medium-sized enterprises to upgrade technologies and equipment to EU standards.

Up to 8% of the total investment will focus on the housing sector, including households and condominiums. Grant support is available for these borrowers, provided by the Dutch government via the EBRD Special Fund (ESSF), which will cover 10% to 30% of their investment expenses.

Moreover, additional investment incentives will be offered to businesses and households that have suffered significant losses due to the war.