KYIV, Dec 13 – The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – have signed a guarantee agreement with Oschadbank to support EUR 50 million of lending to small and medium-sized enterprises (SMEs) in Ukraine, the financial institution has said in a press release.

The agreement was signed on Wednesday by Head of the EIB Representation in Kyiv Bruno Denis, Senior Structured Finance Manager at the EIF Martins Jansons and Oschadbank Board Chairman Andriy Pyshny.