EIB extends tightly priced loan to support Ukrainian SMEs

Ukraine is expected to receive a €700 million ($850 million) loan from the EIB to back the improvement of SMEs in the country, according to Ukrainian prime minister Denys Shmyhal.  

The DFI, which is prepared to assign the facility, has mooted that the loan will price at 0.12% per annum. Earlier this month, the Ukrainian government accepted another EIB credit worth €270 million for the completion of the Boryspil Airport development project.