Warsaw launches preferential lending scheme to support Polish firms in rebuilding Ukraine

Poland has officially launched a state-backed preferential lending program titled “Credit for participation in the reconstruction of Ukraine”, allocating $66 million (250 million zlotys) to support Polish companies investing in post-war recovery and development projects across Ukraine.

Under the terms of the initiative, individual enterprises can access loans of up to $2.6 million (10 million zlotys) at a fixed interest rate of 2 per cent, with a maximum repayment period of 12 years, Caliber.Az reports citing Polish media.

The program is designed to encourage private sector engagement in Ukraine’s reconstruction by easing financial barriers for companies undertaking relevant ventures.

According to Ukraine’s Ministry of Economy, applications are currently being accepted by three official partner organisations of Poland’s state development bank, Bank Gospodarstwa Krajowego (BGK), which also serves as the administrator of the program.

First Deputy Prime Minister and Minister of Economy of Ukraine, Yulia Svyrydenko, noted that the funding can be directed toward a wide array of activities. These include the development of logistics and transport infrastructure, preparation of feasibility studies and investment projects, support for bilateral trade, and the financing of medical enterprises.

Notably, the loan program also permits the purchase of real estate in Poland if such acquisitions are directly connected to investment operations in Ukraine.

“The Polish government’s initiative marks a significant step in mobilising international economic partnerships for Ukraine’s reconstruction,” said Svyrydenko, welcoming the initiative as a model for further EU and regional support.

The program is part of Poland’s broader commitment to aiding Ukraine’s recovery efforts, while simultaneously providing economic opportunities for Polish firms with interests in the region. It reflects a growing trend among European nations to pair humanitarian and military aid with long-term economic reconstruction strategies in support of Ukraine.

By Vafa Guliyeva