PrivatBank (Kyiv) and the International Finance Corporation (IFC) have signed a letter of intent to introduce a new risk-sharing program with a total portfolio of up to EUR125 million to expand financing for Ukrainian business, the state bank's press service reported.
Under the terms of the potential program, the IFC will cover up to 50% of the credit risk, or up to EUR62.5 million, and the risk-sharing mechanism will be unfunded.
The program will be aimed at micro, small and medium-sized enterprises (MSMEs), as well as larger companies in Ukraine. Particular emphasis will be placed on projects in the fields of renewable energy, energy efficiency and climate-oriented agriculture.
Support is also envisaged for businesses managed by women and youth, enterprises owned by veterans, internally displaced persons and returnees, or that employ them, as well as for MSMEs affected by the war.
"This program will enable us to expand access to long-term investment lending, as well as to support critically important projects for energy independence and sustainable development," said PrivatBank Board Chairman Mikael Bjorknert.
The parties signed a letter of intent during the international ReBuild Ukraine 2026 exhibition in Warsaw. The next stage should be the final coordination and conclusion of a risk-sharing agreement.
As reported, in September 2025 PrivatBank and IFC launched a $100 million risk-sharing mechanism and a $20 million trade finance guarantee program.
According to the state bank, as of October 1, 2026, the volume of loans and advances to clients net of reserves increased by 37.2% since the beginning of the year – to UAH 214.61 billion.