Advising on the creation of a development bank in Ukraine

Source of Funding: Federal Ministry of Finance (BMF)

Mandatary: KfW

Period: 2013 – 2014

The establishment of a national development bank in Ukraine has been under discussion for some time, without any significant progress thus far. As Germany has a similar institution with a high international reputation – the German Reconstruction Loan Corporation (Kreditanstalt für Wiederaufbau, or KfW) – Ukraine requested Germany’s technical assistance in this area.

Within the course of the project, a comprehensive study was developed with recommendations concerning the creation of a national development bank in Ukraine. This report was presented in a bilateral meeting with high-level decision-makers in Kiev, and in an experts’ seminar attended by representatives of the government, banks, international financial institutions, and other stakeholders.

Final Report: “Establishment of a Promotional Bank in Ukraine. Analysis and Recommendations”