The EFSE Ukraine Sub-Fund has signed a new EUR 20 million loan agreement with ProCredit Bank Ukraine

The EFSE Ukraine Sub-Fund is further expanding its strategic partnership with ProCredit Bank Ukraine through a new EUR 20 million UAH loan facility. The bank is a leading financier for micro, small and medium-sized enterprises (MSMEs) in Ukraine, with a strong focus on agriculture and a proven commitment to supporting businesses throughout the war.

The 5-year loan will enable ProCredit Bank to extend longer-term local currency financing to Ukrainian MSMEs, helping them sustain operations, restore assets, and retain jobs. The investment is expected to finance more than 150 sub-loans.

The facility qualifies as a sustainable investment under Article 9 SFDR, and ProCredit Bank’s environmental and social standards are aligned with EFSE’s responsible investment approach.

Oleksandr Povshednyi, CEO of the Management Board at ProCredit Bank Ukraine, said: “Every day, we work with entrepreneurs who continue operating despite shelling, limited resources, and constant uncertainty. For them, access to finance is not merely about credit — it is about the ability to keep going and to maintain confidence in the future. Our partnership with EFSE enables us to remain close to these businesses, support their decisions, and jointly invest in rebuilding Ukraine’s economy from the ground up.”

Oxana Binzaru, Regional Director at Finance in Motion, said: “At a time when Ukrainian entrepreneurs face extraordinary challenges, expanding access to local currency finance is critical. This new facility strengthens our long-standing partnership with ProCredit Bank and supports MSMEs as they rebuild, adapt, and continue contributing to Ukraine’s economic resilience.”

This agreement underscores EFSE’s commitment to Ukraine’s recovery and to strengthening the country’s MSME sector during and after the war. 

 

About ProCredit Bank
ProCredit Bank Ukraine is part of the international ProCredit group, headquartered in Frankfurt am Main, Germany. The group’s sole shareholder is ProCredit Holding AG. As a specialised bank focused on small and medium-sized enterprises (SMEs), ProCredit Bank offers a wide range of banking services, combining high-quality customer service with deep expertise in SME financing.

ProCredit Bank is firmly committed to responsible banking, transparency, financial inclusion, and sustainable development. With a particular emphasis on green finance, the bank provides tailor-made financial solutions that enable businesses to grow while contributing to economic resilience and environmental responsibility. In Ukraine, the bank has played a vital role in supporting SMEs through both periods of growth and crisis — especially by fostering investment in agriculture, manufacturing, and renewable energy. For more information about ProCredit Bank in Ukraine, please visit: www.procreditbank.com.ua 

 

About EFSE
The European Fund for Southeast Europe (EFSE) is an impact investment fund to drive economic development and prosperity in Southeast Europe and the Caucasus. Through its two sub-funds—the Regional Sub-Fund (RSF) and the Ukraine Sub-Fund (USF)—EFSE provides tailored financial solutions to foster entrepreneurship, strengthen financial inclusion, and support local economies. EFSE was initiated in 2005 by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of its kind, EFSE draws its capital from donor agencies, international financial institutions, and private institutional investors. Finance in Motion GmbH, Germany, serves as EFSE’s Portfolio Manager and Hauck & Aufhäuser Fund Services S.A., Luxembourg, acts as manager.  

For more information on the European Fund for Southeast Europe, please visit: www.efse.lu  

 

About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 10 funds, all classified as SFDR Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to Eastern Europe, it has been investing in emerging markets for over 20 years.  
For more information, please visit: www.finance-in-motion-com     

 

Media details ProCredit 

Kalynovska Olga 
Senior Public Relations Specialist  
Email: Olga.Kalynovska@procredit-group.com  
Phone: +38 (050) 395 23 11