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News
All newsRaiffeisen Bank Becomes the First in Ukraine to benefit from the First-Loss Risk Cover mechanism for Investment Projects supported by the EBRD and European Union
Raiffeisen Bank and the European Bank for Reconstruction and Development are partnering on a project-by-project risk-sharing programme to provide long-term financing to SMEs and midcaps for more complex investment projects, including those affected by wartime uncertainty. Enabled thanks to first-loss risk cover from the European Union (EU) under the Ukraine Investment Framework (UIF) as part of the Ukraine SME Recovery Programme.
EU-funded War Risk Coverage Grant to help Ukraine's MSMEs insure EBRD-financed investments against war risk
At the Ukraine Recovery Conference 2026 in Gdańsk, the EBRD, the European Commission, the Export Credit Agency of Ukraine ("ECA"), Raiffeisen Bank Ukraine and INGO announced their intention to implement the War Risk Coverage Grant ("WRCG") – a EUR 5 million, EU-funded pilot established under the EBRD-European Union contribution agreement signed in May 2026 within the Ukraine Investment Framework. The WRCG will help eligible Ukrainian micro, small and medium-sized enterprises ("MSMEs") afford war-risk insurance for the fixed assets they finance through EBRD-supported capex lending in Ukraine.
Raiffeisen Bank Ukraine signed a Mandate Letter with IFC on a potential risk-sharing facility to support businesses in Ukraine
The potential instrument would be designed to expand access to lending for micro, small and medium-sized businesses, as well as mid-market companies that continue to operate, invest in development, and support the recovery of the economy under wartime conditions.
