Bank Lviv Secures EUR 7 Million Investment to Aid Ukrainian SMEs

Deal News | Apr 28, 2025 | Investment Fund for Developing

Bank Lviv Secures EUR 7 Million Investment to Aid Ukrainian SMEs

IFU is investing EUR 7 million in Bank Lviv through subordinated debt to bolster financial support for small and medium-sized enterprises (SMEs) in Ukraine. This strategic investment seeks to empower SMEs, which are crucial for Ukraine's economic resurgence amidst the challenges posed by the ongoing Russian invasion. Many companies, displaced from eastern and southern regions, are relocating to the west, necessitating substantial financing to rebuild and expand. The support from IFU will enable Bank Lviv to enhance its lending capabilities, nurturing economic activities and job creation. Additionally, Bank Lviv is committed to sustainable development with goals for a green transition and gender equality in employment and financing, aligning with IFU’s investment strategy.

Sectors

  • Finance
  • Economic Development
  • Sustainable Investments

Geography

  • Ukraine – The article centers around economic recovery efforts in Ukraine, influenced by the ongoing conflict and investment in local enterprises.

Industry

  • Finance – The investment in Bank Lviv represents significant financial activity, aiming to provide capital to SMEs in Ukraine.
  • Economic Development – The article discusses the economic impact and recovery strategies amid Ukraine's geopolitical challenges, focusing on support for SMEs.
  • Sustainable Investments – Bank Lviv's focus on green transition and gender equality is a key theme, aligning with sustainability goals.

Financials

  • EUR 7 million – The amount invested by IFU in Bank Lviv in the form of subordinated debt to support Ukrainian SMEs.

Participants

NameRoleTypeDescription
Bank LvivTarget CompanyCompanyA financial institution supporting SMEs in Ukraine, focusing on sustainable development and green transition.
IFU (Investment Fund for Developing)InvestorCompanyAn investment fund focusing on fostering sustainable development and economic growth in developing economies.
Ashot AbrahamyanChairman of the BoardPersonChairman of Bank Lviv, focusing on Ukrainian economic development and support for SMEs.
Oleksii ParkhomchukInvestment Director, Representative Ukraine at IFUPersonInvestment Director responsible for strategic investments in Ukraine for IFU.