Finances

"Bought a Machine – No Machine, But the Debt Remains: EBRD Tests a Mechanism Ukraine Has Never Had"

# First in EBRD Practice: Bank Partially Writes Off Credit If Asset Destroyed by War For the first time, the European Bank for Reconstruction and Development is partially forgiving loans when assets have been destroyed by the war. The program currently applies to clients of PrivatBank and Raiffeisen Bank, and only covers capital investments.

May 11, 2026