EBRD backs Ukraine privatisation and energy projects
The European Bank for Reconstruction and Development is prepared to provide funding for Ukraine's privatisation efforts as Kyiv seeks to raise $295 million this year. The bank is also supporting securities market reforms and financing 700 megawatts of renewable energy projects to help rebuild the nation's power grid.
Xurve View
Xurve View
The European Bank for Reconstruction and Development will support Ukraine in privatizing state-owned banks and nationalized industries, potentially providing direct funding for the effort. Ukraine aims to raise 13 billion hryvnia ($295 million) this year to offset war-related budget deficits. For investors, EBRD backing reduces risk in a market where the state controls over 50% of banking.
