European Investment Bank will provide EUR800 million to support private business in Ukraine

The European Investment Bank (EIB) will provide EUR800 million to finance the foreign trade activities of their clients, as well as small and medium enterprises in the priority sectors.

According to a report on the bank's website, EUR400 million will support eligible export and import trade transactions. Another EUR400 million will be allocated for projects with low and mid-caps in the priority sectors. In particular, on the development of the local private sector, social and economic infrastructure, and financing of foreign trade transactions.