Summary sheet
Release date
23 May 2025
Status
Reference
Approved | 10/06/2025
20250160
Project name
Promoter - financial intermediary
PIRAEUS BANK GUARANTEE FACILITY
JSC PIRAEUS BANK ICB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 3 million
EUR 16 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists of a EU4Business Guarantee Facility (GF) II - Partial Portfolio Guarantee to Piraeus Bank in Ukraine.
The aim is to enable the intermediary to improve lending terms and conditions and thus enhance access to finance for micro-, small- and medium-sized enterprises in the country.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Milestone
Approved
10 June 2025
Related projects
Link to source
Summary sheet