The Ukrainian Government can count on KfW’s support with our experience in the ongoing institutional strengthening of the BDF – Lorenz Gessner

«The Ukrainian Government can count on KfW’s support with our experience in the ongoing institutional strengthening of the BDF in line with the BDF Vision 2.0.

We are happy to contribute to BDF’s maturing into a competent and sustainable development finance institution supporting Ukraine’s economic recovery and development now and in the future.

In parallel, to further expand SME support and especially the lending to SMEs which are in most need (e.g. in frontline regions and by vulnerable groups), BMZ through KfW is planning to finance the setting up by the BDF of a portfolio guarantee facility – this would promote growth of the SME loan portfolio by leveraging the existing liquidity on the market», said Lorenz GESSNER, Head of KfW Representative Office in Ukraine during an event to present the updated mandate of the Business Development Fund in Kyiv.