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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.