Team Europe: EIB and ProCredit to support faster recovery of SMEs from COVID-19 in Georgia, Moldova and Ukraine with €55 million

Dec 21, 2020
  • The EU bank and ProCredit are creating three credit lines worth €55 million to support the recovery of SMEs from the COVID-19 pandemic in Georgia, Moldova, Ukraine.
  • Credit lines will be available at ProCredit Group in Georgia (€10 million), Moldova (€20 million) and Ukraine (€25 million).
  • The operation is a part of the Team Europe’s COVID-19 emergency response to help sustain jobs, maintain liquidity and operations, and fuel the economic recovery of EU partner countries

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