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A new €20 million EU-backed loan for Ukrainian businesses

22/04/2026

On 21 April, the European Fund for Southeast Europe (EFSE), through its Ukraine Sub-Fund, signed a €20 million loan agreement with JSC Ukreximbank.

The deal is made possible by the EU’s €55 million contribution to EFSE under the Ukraine Facility. It allows EFSE to provide Ukreximbank with a five-year credit line to support Ukrainian micro, small, and medium-sized enterprises (MSMEs) during the war.

The funding will help businesses:

  • create and sustain 7,000+ jobs;
  • invest and keep operating;
  • access 400+ sub-loans across Ukraine.

By expanding MSME access to finance, the EU helps build Ukraine’s economic resilience.

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