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Yuliia Svyrydenko discusses expansion of private sector financing with Head of EIB delegation

30.09.2024 | 12:50 | Section for Public and Mass Media Relations
Зустріч з ЄІБ

Ukraine is interested in expanding its cooperation with the European Investment Bank (EIB) to increase financing and expand advisory support. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, Jean-Erik de Zagon, Head of the EIB Office in Ukraine, and Kristina Mikulova, future Head of the EIB Regional Hub for Eastern Europe.

“We are grateful to the EIB for supporting Ukraine. Since the beginning of the full-scale invasion, Ukraine has received about EUR 2 billion from the EIB. I personally thank Jean-Erik de Zagon for many years of fruitful cooperation, and I am pleased to welcome the new Head of the EIB Regional Hub for Eastern Europe. I hope that together with Kristina Mikulova we will continue to deepen our cooperation,” Yuliia Svyrydenko said.

The parties also discussed opportunities for credit support for the mortgage market in Ukraine. One option would be to provide guarantees for banks. This would expand the possibilities of attracting credit resources to finance the housing sector through mortgage programmes, including eOselia.

The parties also discussed expanding advisory support, increasing support for the private sector, and the possibility of direct lending to Ukrainian state-owned enterprises without a state guarantee under the Second Part of the Ukraine Facility Plan.

“Ukraine is now consolidating efforts with partners to restore the energy sector, in particular, to build a decentralised power generation system. Ukraine is interested in expanding the Bank’s loan portfolio, especially in the private sector,” Yuliia Svyrydenko said.

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