Business Loans: EBRD Continues to Finance Oschadbank.

Oschadbank has received 75 million euros from the European Bank for Reconstruction and Development to support Ukrainian businesses in wartime conditions. This is the third tranche of funds under the program totaling 200 million euros, aimed at joint risk sharing.

The head of the bank's board, Serhiy Naumov, noted: 'This program is intended to help Ukrainian businesses amid the war. The risk-sharing model simplifies lending conditions at Oschadbank, making it more accessible.'

According to Naumov, the funds from this program will be used to support businesses affected by the war, as well as companies that aid the reintegration of veterans, people with disabilities, internally displaced persons, and support for women and youth in business. 'This initiative also involves providing investment incentives and technical assistance to Ukrainian businesses,' Naumov added.

Oschadbank has received 75 million euros from the EBRD to support Ukrainian businesses during the challenging times of war. These funds will help sustain enterprises that have suffered losses due to the conflict, as well as promote social reintegration and support for various groups of entrepreneurs.