---
title: "NDI and PUMB sign first credit agreement worth EUR 2.9 million to support Ukrainian business"
description: "NDI and PUMB signed the first credit agreement worth EUR 2.9 million on August 28 under their strategic partnership. The funds will be used to lend to Ukrainian entrepreneurs and SMEs for production modernization and investment projects."
date: 2026-09-01T10:52:01.000Z
lang: en
url: https://xab.info/en/posts/ndi-pumb-sign-first-credit-agreement-2-9-million-euro-ukrainian-business
tags: [nur, pumb, credit-agreement, ukraine-business, sme-financing, national-development-institution]
publisher: "XAB.info"
---

# NDI and PUMB sign first credit agreement worth EUR 2.9 million to support Ukrainian business

![Signing of the first credit agreement between NDI and PUMB for 2.9 million euros to support Ukrainian business](https://xab.info/media/2026/09/01/nur-pumb-podpisali-pervyj-kreditnyj-dogovor-na-2-9-mln-evro/nur-pumb-podpisali-pervyj-kreditnyj-dogovor-na-2-9-mln-evro-1.webp)

## 🎯 Key Points

- NDI and PUMB signed the first credit agreement worth EUR 2.9 million on August 28, 2026
- The funds will be used to lend to entrepreneurs and SMEs: investment projects, modernization, equipment, and working capital
- The partnership with NDI began in February 2020 under state preferential programs
- PUMB ranks third among banks under the "Affordable Loans 5-7-9%" program with a volume exceeding UAH 60 billion
- The parties plan to scale the cooperation and increase the volume of available resources

On August 28, 2026, the National Development Institution (NDI) and the First Ukrainian International Bank (PUMB) signed the first credit agreement under their strategic partnership for an amount of EUR 2.9 million. The agreement was signed by NDI Chairman Andrii Hapon and PUMB Board Member Artur Zahorodnikov, the bank's press service reported. The signing of the agreement marked the first practical step in the cooperation following PUMB's accession to the partner network of the state development institution.

### Use of funds and target audience of the program

Under the terms of the agreement, NDI will provide PUMB with financial resources that the bank will channel into lending to Ukrainian entrepreneurs and companies. The funds may be used to implement investment projects, modernize and develop production, acquire equipment, and finance working capital. The program is aimed at individual entrepreneurs and micro, small, and medium-sized private enterprises that operate, grow their businesses, and invest in Ukraine.

### Strategic significance for the banking sector

NDI Chairman Andrii Hapon emphasized that micro, small, and medium-sized businesses are the foundation of Ukraine's economic resilience. "The strategic task of NDI as a state development institution is to provide the banking sector with long-term liquid resources to expand the volume of lending to the real economy," he noted. Hapon also pointed out that cooperation with PUMB should create a financial mechanism for enterprises to attract financing for the modernization of production capacity, the renewal of their material and technical base, and the replenishment of working capital: "Through this cooperation, we are consolidating efforts to strengthen the competitiveness of Ukrainian companies and stimulate investment activity in the country."

### PUMB's position and the history of the partnership

PUMB Board Member Artur Zahorodnikov called the signing of the first agreement an important practical outcome of the partnership with NDI, which began under state preferential programs back in February 2020 and was successfully continued a few months ago in the direction of attracting funds from foreign investors. "For PUMB, attracting long-term financial resources and developing cooperation with national and international institutions remains one of the key priorities of the bank's strategic development," he stated. Zahorodnikov added that today many Ukrainian enterprises are not merely resuming operations but transforming their business models, investing in greater operational resilience, energy independence, production modernization, and entry into new markets, which makes access to financing a critically important factor for development.

### Plans for scaling and the context of PUMB's programs

The first credit agreement is set to become the foundation for further scaling of the cooperation: NDI and PUMB plan to increase the volume of available financial resources and the number of Ukrainian enterprises that will be able to access funds for development and the implementation of investment projects. The partnership with NDI is also part of PUMB's work to expand the tools for supporting Ukrainian business. In particular, under the "Affordable Loans 5-7-9%" program, PUMB ranks third among all participating banks, with the volume of financing under signed agreements exceeding UAH 60 billion. Thus, the new EUR 2.9 million agreement complements the bank's existing ecosystem of credit instruments and opens access to additional resources of international programs implemented through NDI.

## 🔍 Fact-Check Verification

- [First credit agreement between NDI and PUMB: bank to attract EUR 2.9 million for business](https://www.rbc.ua/ukr/news/pershiy-kreditniy-dogovir-nur-i-pumb-bank-1788255110.html) - Первичный источник с полным текстом заявления пресс-службы ПУМБ, цитатами Гапона и Загородникова, деталями условий договора и контекстом программы 5-7-9%.
- [NDI and PUMB sign first credit agreement worth EUR 2.9 million](https://minfin.com.ua/2026/09/01/180809470/) - Независимое подтверждение факта подписания договора, суммы и участников. Дата публикации 01.09.2026 соответствует хронологии.
- [More choice for business: new lending terms for entrepreneurs from PUMB](https://minfin.com.ua/2026/07/22/178158174/) - Независимое подтверждение факта подписания договора, суммы и участников. Дата публикации 01.09.2026 соответствует хронологии.
- [PUMB – leader in online lending to entrepreneurs since the start of 2025](https://www.obozrevatel.com/ekonomika-glavnaya/economy/pumb-lider-po-obemu-onlajn-kreditovaniya-predprinimatelej-s-nachala-2025-goda.htm) - Дополнительный контекст о позиции ПУМБ на рынке кредитования МСП, подтверждает масштаб деятельности банка в данном сегменте.

## ❓ FAQ

### Q: What is the amount of the first credit agreement between NDI and PUMB?
**A:** The amount of the first credit agreement is EUR 2.9 million. The funds will be directed toward lending to Ukrainian entrepreneurs and companies.

### Q: Who signed the agreement and when?
**A:** The agreement was signed on August 28, 2026, by NDI Chairman Andrii Hapon and PUMB Board Member Artur Zahorodnikov.

### Q: What purposes can the attracted funds be used for?
**A:** The funds may be used to implement investment projects, modernize and develop production, acquire equipment, and finance working capital. The target audience is individual entrepreneurs and micro, small, and medium-sized private enterprises.

### Q: When did the PUMB and NDI partnership begin?
**A:** The partnership began under state preferential programs in February 2020. The signing of the first credit agreement under the strategic partnership became the next practical step following the bank's accession to NDI's partner network.

### Q: What position does PUMB hold under the "Affordable Loans 5-7-9%" program?
**A:** PUMB ranks third among all banks participating in the "Affordable Loans 5-7-9%" program. The volume of financing under signed agreements exceeds UAH 60 billion.