PrivatBank and EIB to allocate €3.4 million in grants to Ukrainian SMEs

PrivatBank and the European Investment Bank (EIB) signed a grant agreement worth €3.4 million to help Ukrainian SMEs navigate the challenges of the ongoing war.

Bank clients may receive a non‑repayable reimbursement of up to 10 % of the financed amount or incurred expenses, while companies operating in frontline regions can obtain up to 25 %. The maximum grant per enterprise is capped at €200 000.

Grants are intended for the purchase of core equipment and, in frontline zones, also for working‑capital loans.

• Enterprises whose assets were damaged by hostilities;
• Businesses located in high‑risk war zones;
• Firms owned or managed by veterans, internally displaced persons, women or entrepreneurs under 36;
• Start‑ups and companies established less than three years ago.

"Micro and medium‑size enterprises are the backbone of Ukraine’s economy and will play a key role in the country’s recovery," said EIB Vice‑President Karl Negammer.

According to the National Bank, as of 1 October 2026 the total volume of loans and advances to clients grew by 37.2 % to ₴214.61 billion, underscoring the banking sector’s active role in business support.