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Sayenko Kharenko advises EBRD on EUR 7.5 million financing to Bank Lviv to support Ukrainian SME

The funding is provided in the context of the Deep and Comprehensive Free Trade Agreement (DCFTA) between the EU and Ukraine. The funding also includes grants to be offered as investment incentives to eligible enterprises aiming to improve technology and production processes of SMEs in line with EU standards. The EBRD is a leading institutional investor in Ukraine. To date, the Bank has committed more than EUR 14.54 billion in over 460 projects to the country. Bank Lviv is a regional bank providing banking services to SMEs and private clients across western Ukraine. Sayenko Kharenko’s team was led by partner Igor Lozenko and included associate Vira Pankiv and junior associate Sofiia-Mariia Kuzminska.