At the Ukraine Recovery Conference (URC2025) held in Rome on July 10–11, the European Investment Bank (EIB), together with the European Commission, announced a €600 million financial support package to advance Ukraine’s recovery, with a strong focus on energy, infrastructure, and private sector development.

As part of this effort, Piraeus Bank Ukraine received EU-backed guarantees from the EIB. This important step unlocks additional financing for Ukrainian small and medium-sized enterprises (SMEs), enabling growth, investment, and business resilience across the country.

“The International Financial Institutions (IFIs) continue to stand resiliently with Ukraine — providing vital guarantees and financing to help build a safer, more sustainable future for its economy and businesses. We extend our sincere gratitude to the European Investment Bank (EIB) for their unwavering support!” — Yannis Kyriakopoulos, Chairman of the Board at Piraeus Bank Ukraine.

The guarantees extended to Piraeus Bank Ukraine will create new lending opportunities for SMEs, especially in sustainable and green development sectors.

URC2025 gathered over 1,000 participants representing governments, international financial institutions, the private sector, civil society. At the event, the EIB also announced the launch of Ukraine FIRST, a €30 million infrastructure preparation facility, developed in partnership with the European Commission and EBRD, aimed at accelerating the planning and implementation of critical reconstruction projects.

Piraeus Bank Ukraine is proud to contribute to Ukraine’s financial future by supporting strategic financing tools and expanding access to capital for the country’s recovery and growth.