IFU Backs Bank Lviv with $7M Subordinated Debt
Deal News | Apr 28, 2025 | Investment Fund for Developing
International Finance (IFU) has invested EUR 7 million in Bank Lviv in the form of subordinated debt. This investment aims to strengthen the bank's capacity to provide financial services to small and medium-sized enterprises (SMEs) in Ukraine, a crucial mission given Ukraine's current economic challenges following the Russian invasion. The move supports SMEs in sectors such as manufacturing, trade, and agribusiness, promoting the re-establishment and development of production in Western Ukraine. Additionally, Bank Lviv is committed to supporting green transition efforts and gender equality through its policies. The investment aligns with IFU's strategy to promote sustainable development and technological innovation, bolstering Ukraine's capacity to rebuild and grow stronger economically.
Sectors
- Finance
- Economic Development
- Sustainability
Geography
- Ukraine – The investment is directed to a Ukrainian bank, which aims to support economic development amidst challenges from the ongoing conflict in the country.
Industry
- Finance – The article discusses an investment fund providing financial support to a bank, indicating involvement in the financial services sector.
- Economic Development – The investment aims to boost small and medium-sized enterprises, playing a role in economic regeneration in Ukraine.
- Sustainability – There's a focus on green transition goals and gender equality in the banking sector.
Financials
- EUR 7 million – Investment amount in subordinated debt to Bank Lviv by IFU.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IFU (Investment Fund for Developing) | Investor | Company | A PE firm providing a EUR 7 million subordinated debt to Bank Lviv to support SMEs in Ukraine. |
| Bank Lviv | Financial Institution | Company | A Ukrainian bank receiving investment to enhance its support for SMEs, focusing on sustainable and inclusive development. |
| Ashot Abrahamyan | Chairman of the Board | Person | Chairman of Bank Lviv, quoted on the significance of the investment. |
| Oleksii Parkhomchuk | Investment Director, Representative Ukraine at IFU | Person | Investment Director at IFU, discussing the investment's importance. |