PIRAEUS BANK GUARANTEE FACILITY

Promoter – Financial Intermediary

JSC PIRAEUS BANK ICB

Location

• Ukraine

Description

The operation consists of a EU4Business Guarantee Facility (GF) II - Partial Portfolio Guarantee to Piraeus Bank in Ukraine.

Objectives

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.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 3 million

Total cost (Approximate amount)

EUR 16 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Approved - 10/06/2025