Poland will boost small Ukrainian business
16:59
According to President Bronisław Komorowski, state-owned lender BGK together with Poland's largest bank PKO BP and other institutions will jointly establish a special fund to support Ukrainian SMEs. "We are doing this to support new Ukrainian industry and create a new middle class there," said Secretary of State Olgierd Dziekoński on the RMF.FM radio.
Over the first three years of the program, some PLN 300 million will be invested in Ukrainian SMEs. A panel of analysts will choose from 30 to 50 small firms (employing 30-250 people) eligible for the support.
PKO BP is experienced in dealing with such funds and has been present in Ukraine as Kredobank, Dziekoński added.
