Helping small and medium enterprises in Ukraine grow

The European Bank for Reconstruction and Development (EBRD) deployed a record amount of nearly €2.4 billion in Ukraine in 2024, following a €2.1 billion total in 2023.

On 10 January, the European Commission disbursed the first €3 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan for Ukraine, which will be repaid with proceeds from immobilised Russian State assets in the EU.

The European Union, the Government of Denmark, and the United Nations Development Programme (UNDP), together with the BOOST Impact Acceleration Programme team, have launched the Innovation Challenge, an acceleration programme for Ukraine, part of the wider Mayors for Economic Growth (M4EG) initiative.

On 6 January, the European Bank for Reconstruction and Development (EBRD) and Credit Agricole Ukraine (CAU) signed a Risk Sharing Framework (RSF) agreement for €50 million to enhance the capacity of the bank to make loans to a greater number of Ukrainian companies, including small and medium-sized enterprises (SMEs).