Last week, Kyiv hosted the final UBN quarterly event of 2025, bringing together business leaders, government officials, and international partners. Piraeus Bank sponsored the gathering, which provided a platform for critical discussions on Ukraine’s economic development and resilience.

The event, titled “War & Finances: How Ukraine Will Fund Itself Next Year,” featured an in-depth agenda covering macroeconomic outlooks, public and private financing, and humanitarian efforts.

Mark McNamee opened the session with a Geopolitical Outlook for Ukraine, sharing some of the more concerning scenarios regarding the ongoing conflict. Live audience polling reflected growing optimism about continued support from the US and EU.

Volodymyr Lepushynskyi and Alexander Kava discussed expectations for European financing via the Reparations Loan, alongside other key macroeconomic indicators. Both highlighted a stable outlook for Ukraine’s finances and economy.

On the panel “Public & Private Financing Next Year,” Piraeus Bank’s Chairman of the Management Board, Yannis Kyriakopoulos, addressed lending trends, defense tech financing, and war risk insurance. He emphasized the strength of Ukrainian businesses, noting:

"We see a very strong shift in confidence and commitment among Ukrainian businesses. They are investing in capacities, not just working capital, and this resilience sends a strong signal about the future of financing and the economy. It’s not just about covering deficits, it’s about enabling the country to continue its essential work and growth."

The event concluded with insights from the Relief Coordination Centre, underscoring their vital role in supporting frontline communities. Networking opportunities followed, allowing participants to forge connections across sectors.