Date de publication: 23 mai 2025
Promoteur – Intermédiaire Financier
JSC PIRAEUS BANK ICBLieu
Description
The operation consists of a EU4Business Guarantee Facility (GF) II - Partial Portfolio Guarantee to Piraeus Bank in Ukraine.
Additionality and Impact
This operation aims to support private sector development and provide financing to projects promoted by micro, small and medium-sized enterprises (MSMEs) in Ukraine, through a guarantee to Piraeus Bank, thereby contributing to promote inclusive growth, sustain employment and reinforce long-term economic resilience.
The war started by the Russian invasion in February 2022 have disrupted and negatively impacted Ukrainian MSMEs. Migration of the workforce and a reduction in consumer demand have hampered business activity and economic growth. MSMEs, particularly those located near conflict zones, have been hit particularly hard, and many have been forced to relocate their operations, either to other parts of Ukraine or neighbouring countries.
Thanks to this guarantee, Piraeus Bank will be incentivised to enhance access to finance for riskier MSMEs by improving financing terms, including in the form of reduced collateral requirements and/or lower interest rates.
Objectifs
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.
Secteur(s)
- Lignes de crédit - Lignes de crédit
Montant BEI envisagé (montant approximatif)
EUR 3 million
Coût total (montant approximatif)
EUR 16 million
Aspects environnementaux
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Passation des marchés
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Statut
Signé - 19/12/2025