EFSE Establishes Partnership with CreditWest Bank in Ukraine

European Fund for Southeast Europe (EFSE) has provided CreditWest Bank, Ukraine, with a financing package of EUR 6 million, including the equivalent of EUR 3 million in local currency, which will allow the bank to expand into small and medium-sized enterprise (SME) financing with particular focus on agricultural businesses.

Having started as a corporate bank, CreditWest Bank is diversifying into the SME segment to increase its outreach as well as local businesses’ access to financing by offering dedicated financial solutions.