The European Bank for Reconstruction and Development (EBRD) has approved up to EUR 25 million in emergency support for the city of Dnipro, according to the institution's website.
The funding is intended to help mitigate the impact of the ongoing war on the city's finances and its residents. The package includes a senior loan — which has the highest repayment priority compared to other debts — of up to EUR 25 million to provide emergency liquidity support to the city of Dnipro and its key municipal operators: Dnipro Electric Transport and Dniprovodokanal.
The EBRD loan is expected to support Dnipro, the municipal water utility, and the public transport operator during 2026–2028, helping them meet critical liquidity needs to ensure the uninterrupted provision of essential public transport and water supply services. The financing will also support timely payments to suppliers and employees, as well as the completion of necessary maintenance work.
Given the current wartime conditions, the EBRD also plans to use a guarantee from the EU–Ukraine Investment Framework (UIF) to cover 27% of the proposed loan (net EU coverage). The guarantee is structured as a First Loss Risk Cover (FLRC) mechanism backed by EBRD financing.
