€20 million is being made available in local currency to enhance access to affordable finance for SMEs in Ukraine. The operation is backed by the European Union and comes under the Team Europe initiative aiming to provide a sustainable response to the coronavirus crisis. Supporting the development of SMEs is a key objective of the European […]

The European Fund for Southeast Europe (EFSE) has provided CreditWest Bank, Ukraine, with a financing package of EUR 6 million, including the equivalent of EUR 3 million in local currency, which will allow the bank to expand into small and medium-sized enterprise (SME) financing with particular focus on agricultural businesses, inform BankNews.