responsAbility, NEFCO, and other shareholders of Bank Lviv have signed a binding agreement to sell the bank to Credit Agricole Ukraine, a wholly owned subsidiary of Credit Agricole S.A. The transaction is subject to regulatory approvals and expected to be closed in 2026.
“Growth and transformation achieved by Bank Lviv reflects the professionalism, commitment, and resilience of its leadership and employees. We are deeply grateful to the team’s remarkable dedication and their success in serving clients and growing the business at wartime. We believe Credit Agricole Ukraine is well positioned to support Bank Lviv’s next chapter. responsAbility remains committed to supporting Ukraine’s private sector” – commented Volodymyr Tsapko, Head of Financial Inclusion Private Equity at responsAbility.
“We are pleased that our work to build strong foundations for sustainable development will continue under a long-standing and committed international banking group. We would like to take this opportunity to thank our fellow shareholders and the management of Bank Lviv for their outstanding cooperation during extremely challenging times in Ukraine, as well as our sales consultant FinPoint, whose work has been instrumental in this transaction” – said Thor Thorsteinsson, VP Nordic SMEs at NEFCO.
The transaction represents an important milestone for Ukraine’s banking sector and confirms continued investor interest in Ukrainian banking assets despite the ongoing war. The deal highlights the resilience of Ukraine’s banking market and its attractiveness for strategic investors.
The transaction further reinforces FinPoint’s position as a leading M&A advisor in Ukraine and in transactions involving Ukrainian companies. It also continues the firm’s strong track record of advising international investors, particularly on transactions with a cross-border component.
Represented by Sergiy Budkin, Roman Menshov, Yurii Zamoiskyi, and Maryna Matviienko, FinPoint acted as an exclusive financial adviser to the majority shareholders of Bank Lviv.
About Bank Lviv
Bank Lviv is an SME focused bank headquartered in Lviv, which serves over 37 thousand retail and 8 thousand SME clients. With a strong foothold in the West of Ukraine, the bank provides development financing, working capital and energy efficiency loans, and refinancing, alongside a full suite of deposit and payment services to individuals and businesses.
About Credit Agricole Ukraine
A wholly owned subsidiary of Credit Agricole S.A., Credit Agricole Ukraine is a universal international bank in Ukraine, strategic partner to agribusiness and corporate customers, as well as one of the automotive lending market leaders. With a head office in Kyiv, 137 outlets nationwide, and 2,200 employees, the bank serves 380,000 customers.
About responsAbility
responsAbility Investments AG is a global Swiss impact asset manager specializing in private market investments across three investment themes. These themes directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, Climate Finance, Sustainable Food. responsAbility also offers tailor-made and fund investment solutions to institutional investors. All responsAbility investment solutions target specific measurable impact alongside market returns.
With over 280 employees collaborating across 6 offices, as of 31 December 2025 the company manages USD 5.8 billion in assets across approximately 330 portfolio companies in around 70 countries. Since 2022, responsAbility has been part of M&G plc, the international savings and investments business, and contributes to enhancing M&G’s capabilities in impact investing.
About NEFCO
NEFCO is an international financial institution (IFI) founded in 1990 by the five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden. Its task is to accelerate the green transition by financing the initial scale-up of Nordic green solutions and initiatives on global markets, with a focus on Eastern Europe. The company has been operating in Ukraine for 20 years, by way of financing environmental and climate related projects.