State Export-Import Bank of Ukraine

The State Export-Import Bank of Ukraine was established on January 3, 1992, in accordance with the Decree of the President of Ukraine No. 29/92. According to this Decree, all structural units of the Foreign Economic Affairs Bank of the USSR located on the territory of Ukraine were included in the new institution. On January 23, 1992, the Bank received its first license from the National Bank of Ukraine. In 1993, Ukreximbank joined the S.W.I.F.T. international settlement system.

In 2008, the Bank became a member of The Global Network of Export-Import Banks and Development Finance Institutions – G-NEXID). On May 5, 2009, the Resolution of the Cabinet of Ministers of Ukraine No. 375 dated April 15, 2009, entered into force, according to which Ukreximbank changed its full name from an open joint stock company to a public joint stock company by making appropriate changes to the Bank's Charter.

In 2011, the Bank carried out the first in history successful transaction to raise funds denominated in the national currency of Ukraine on international markets. This issue of three-year Eurobonds worth more than UAH 2.3 billion was recognized by EuroWeek as the transaction of the year in the category “Transactions denominated in the currency of countries from emerging markets”.

In 2015, Ukreximbank was the first among the companies whose external debt obligations were included in the general process of negotiations of the Government of Ukraine with the holders of external debt of the public sector, to successfully complete negotiations with investors on the restructuring of Eurobonds due in 2015, 2016 and 2018 for the total amount of USD 1.475 billion. Since 2016, according to the Decision of the NBU Board, Ukreximbank has been determined as a systemically important bank, a status it has consistently maintained to this day.

In November 2020, Resolution of the Cabinet of Ministers of Ukraine No. 1085 dated November 4, 2020, entered into force, according to which Ukreximbank changed its full name from a public joint stock company to a joint stock company by making appropriate changes to the Bank's Charter. In the same year, Ukreximbank, for the first time among Ukrainian Eurobond issuers, conducted a proactive liability management transaction without simultaneous placement of a new issue (cash tender offer), which made it possible to optimize the price parameters of the bank's liabilities base. At the end of 2020, after the introduction of quarantine, Ukreximbank continued to ensure uninterrupted operation. The Bank secured the support of the National Bank and expanded refinancing limits, which became a reliable instrument for obtaining funds for operational and financial activities. Agreements on cooperation with the Entrepreneurship Development Fund have been concluded and financing of legal entities and private entrepreneurs under the “Affordable loans 5-7-9%” state program, as well as under two programs of lending to industry sectors and supporting investment projects has begun. In order to facilitate the expansion of the export of goods, works, and services of Ukrainian origin, Ukreximbank has started cooperation with the Export Credit Agency and concluded the first agreements on the provision of financing for the execution of export contracts under ECA insurance coverage.

Ukreximbank has been appointed as the Government Agent for the implementation of the program for providing state guarantees on a portfolio basis to support micro, small, and medium-sized businesses in Ukraine by facilitating access to bank financing for enterprises. A separate business vertical has been established in the Bank in the area of work with medium-sized businesses, municipalities, amalgamated territorial communities and utility enterprises and active cooperation with local authorities has begun.

In 2023, Ukreximbank earned UAH 5 billion for the state. During the 2024 financial year, the bank recorded a pre-tax profit of UAH 5.9 billion, a 20.1% increase compared to 2023.

The structure of “Ukreximbank” JSC consists of the Head Office, 22 branches, 28 sub-branches, and 2 representative offices abroad – in London and New York. Ukreximbank has the most extensive network of correspondent banks in Ukraine (more than 850 banking institutions in different countries around the world). The bank's mission is to promote the development of the economy of Ukraine and the business of customers, primarily export-oriented and import-substituting sectors of the economy, by lending and providing banking services for customers' financial transactions, supporting national exporters, and acting as the financial agent of the Government of Ukraine.

The Charter of the Bank stipulates that “Ukreximbank” JSC was established to attract external and internal credit resources to the economy of Ukraine, provide and receive loans on behalf of and upon the instruction of the Cabinet of Ministers of Ukraine (as the financial agent of the Government), finance and guarantee export-import transactions of enterprises, service the state external debt of Ukraine, carry out transactions in the money, currency and stock markets, implement a set of measures for financing investment projects, provide banking services, cooperate with international financial institutions, implement other types of activities, carry out other transactions following the legislation and the requirements of the Charter.

“Ukreximbank” JSC successfully cooperates with leading international financial institutions, such as the World Bank, EBRD, KfW, NIB, IFC, with large foreign banks and financial and credit institutions. Over the years of its activities in international financial markets and in the field of export financing, the Bank has become a direct borrower and guarantor of 35 leading export credit agencies worldwide.

From 1992 to 1998, the bank's head office was located at the address: 8, Khreshchatyk Street, Kyiv, and since 1998, it has been located at the address: 127, Antonovycha Street, Kyiv.