Kredobank has received additional financial guarantees of EUR 100 million from the European Bank for Reconstruction and Development (EBRD). Two new agreements signed during the Ukraine Recovery Conference (URC 2026) in Gdansk, Poland, became part of the Framework Agreement on Participation in the EBRD Risk Sharing Mechanism.
Kredobank has received additional financial guarantees of EUR 100 million from the European Bank for Reconstruction and Development (EBRD). Two new agreements signed during the Ukraine Recovery Conference (URC 2026) in Gdansk, Poland, became part of the Framework Agreement on Participation in the EBRD Risk Sharing Mechanism.
«Within the Kredobank portfolio, covered by EBRD limits and guarantees, Ukrainian companies have already received financing for a total amount of 249 million euros. The funds were directed to key sectors of the Ukrainian economy, in particular, agriculture, the food industry, logistics and retail trade. An additional 100 million euros from the EBRD will allow Kredobank to expand lending to Ukrainian companies, not only in the small and medium-sized businesses (SMEs), but also in the corporate segment,» said Jakub Karnowski, Chairman of the Board of JSC Kredobank.
EUR 60 million of the guarantees raised will be directed to SME clients (clients with annual revenue of up to EUR 50 million and up to 250 employees)
This agreement is implemented within the framework of two programs:
«Resilience and Livelihood Guarantees» from the EBRD, which includes:
The program to support the competitiveness and inclusion of SMEs in the Eastern Partnership countries of the European Union within the framework of the Financial Intermediaries Structure, which provides for the opportunity for Kredobank clients to receive grant support for the implementation of investment projects that meet EBRD requirements, in the amount of up to 30%.
A feature of the new agreement is a new mechanism to support Ukrainian business — Enterprise Security Enhancement (ESE), which will allow the Bank to partially write off loans to companies whose assets were damaged as a result of the war.
EUR 40 million of the guarantees raised will be directed to large clients without restrictions on income and number of employees.
This agreement is implemented through the EBRD’s Sustainability and Livelihoods Guarantees program.
Main parameters of the agreement:
It is also possible to provide loans without additional collateral.
The conclusion of new agreements with the EBRD strengthens Kredobank’s capabilities in financing Ukrainian businesses, providing access to credit resources on more favorable terms for both large companies and the SME sector. Additional grant support will help implement important projects even in difficult conditions.
Kredobank was founded in Lviv in 1990, is classified by the National Bank of Ukraine as a systemically important bank of Ukraine and is part of the PKO Bank Polski financial group, the largest financial institution in Poland and one of the largest financial groups in Central and Eastern Europe. The dominant unit of the group is the largest bank in Poland, PKO Bank Polski.
