Among the participants were Hanna Hvozdiar, Advisor to the Minister of Defense of Ukraine; Anastasiia Mishkina, Executive Director of Technological Forces of Ukraine; Denys Sviatokum, Chair of the Board of the Ukrainian Dual-Use Technologies Cluster; Serhii Naumov, President of the National Association of Banks of Ukraine (NABU); Maksym Vysotskyi, Head of the Corporate Business Department at PrivatBank; Andrii Koval, Deputy Director of the Corporate Business Development and Support Department at Oschadbank; Roman Horb, Head of the Large Corporate Clients Division at PUMB; and Vitalii Romanchukevych, First Vice President of the Association of Ukrainian Banks (AUB).
The key focus of the discussion was the development of an effective cooperation model between the banking sector and defense enterprises that would enable manufacturers to secure the resources needed for growth while allowing financial institutions to operate within clear and manageable risk frameworks.
Participants discussed the financing needs of defense enterprises related to production expansion and capacity scaling, access to credit resources for fulfilling government contracts, challenges associated with collateral requirements and working capital financing, compliance procedures and risk assessment in the defense sector, mechanisms for insuring war-related risks, as well as opportunities to use factoring, leasing, syndicated financing, and other financial instruments.
During the discussion, participants emphasized that a significant share of Ukrainian defense enterprises consists of young companies that are rapidly growing and increasing production volumes. At the same time, many financial mechanisms and risk assessment procedures were designed for a peacetime economy and do not fully correspond to the realities and needs of wartime production.
