Raiffeisen Bank Ukraine: Invest, Innovate, Rebuild
In a recent conversation with representatives from Raiffeisen Bank Ukraine, one message stood out loud and clear: Resilience. For the third consecutive year, amidst the challenges of a full-scale war, the bank has not only continued to finance Ukrainian businesses but has also significantly expanded its focus on sustainability. Their “green” loan portfolio grew by an impressive 75% over the past year, signaling a steadfast commitment to Ukraine’s sustainable development.
“Despite the risks and uncertainties, we’ve noticed a stable interest in investment lending since mid-2024,” shares Larysa Bondarieva. “Companies are beginning to think long-term again, returning to strategic planning and launching large-scale projects. It’s a testament to the resilience and determination of Ukrainian businesses.”
Focusing on Key Sectors
The bank has been actively involved in critical infrastructure projects across sectors like logistics, agri-processing, and renewable energy. Over the past year, its energy project portfolio grew by 70%, reflecting a growing trend among clients to secure access to sustainable energy sources, particularly in light of wartime blackouts. But these efforts go beyond survival. Many clients, from agriculture to retail and industry, are becoming active players in the energy market — a significant step toward a greener, self-sufficient Ukraine.
Export growth and digital transformation are also key areas of focus. Raiffeisen Bank is helping clients expand into new markets while streamlining its services to meet the needs of large businesses.
Green Recovery Is the Future
Looking to the future, Raiffeisen Bank Ukraine envisions playing a pivotal role in Ukraine’s post-war recovery. Their strategy is rooted in ESG principles — environmental sustainability, social responsibility, and sound governance. “This is demanded both by global investment trends and by the specific requirements of international financial institutions providing aid to Ukraine, such as the EBRD, as well as by Western donors,” Larysa explains. Currently, Raiffeisen Bank has the largest volume of international risk-sharing program agreements — about € 1 billion — and most of these programs have an ESG component.
It is also worth noting that as of December 2024, the Ukrainian state support program for small and medium-sized businesses with rates of 5-7-9% has shifted focus — its resources are now primarily directed at supporting “green” initiatives. Raiffeisen Bank is responding by expanding its team of environmental specialists and developing innovative financial products to help businesses enhance energy efficiency and competitiveness.
“Ukraine’s future lies in sustainability,” Larysa Bondarieva concludes. “The focus on green initiatives isn’t just a trend; it’s a necessity. And as always, Raiffeisen Bank stands with Ukraine — ready to invest, innovate, and rebuild.”
With a clear vision, Raiffeisen Bank Ukraine is ready to help rebuild the nation and create lasting progress for future generations.