PUBLIC JOINT STOCK COMPANY INTERNATIONAL INVESTMENT BANK was selected and became a partner of the German-Ukrainian Fund (GUF). In pursuance of a decision of the Supervisory Board of GUF, by which PJSC IIB was approved as a partner Bank, on October 28, 2014 the agreement on partnership and cooperation was signed.
GUF is a non-profit financial institution, which was established to provide financial support to micro, small, medium enterprises and private entrepreneurs (MSMEs) through cooperation with the selected Ukrainian banks. In its activities GUF provides Ukrainian partner banks with long-term financial resources to increase domestic lending to MSMEs, as well as helps to establish the technology and the process of lending to MSMEs.
Addressing partnership with the German-Ukrainian Fund, the Bank primarily considered it necessary to join the European standards of cooperation with customers and to support domestic producers through cheaper loans.