Over the  past week, banks participants in the State Program "Affordable Loans 5-7-9%" have issued loans worth more than UAH 500,000. Entrepreneurs received UAH 584 million under 159 new agreements within the framework of the program.

Of these, UAH 490 million were issued by authorized banks as refinancing of previously received loans.

"Recently, banks participating in the 5-7-9 program have been providing funding for an average of half a billion hryvnias a week, and the last short working week was no exception. In total, we have already crossed the mark of UAH 6 billion, which are financed by businesses under this program," Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko said.

In total, as of August 31, 2020, 2,603 loans totalling UAH 6.130 billion have already been issued. Of these, UAH 4.937 billion of loans were refinanced and UAH 1.072 billion of investment loans were issued. Entrepreneurs have already received loans to the tune of UAH 120 million to replenish working capital.

Commercial banks are leaders in terms of the number of agreements concluded under the program "Affordable Loans 5-7-9%". In particular, Raiffeisen Bank Aval is in the first place with the amount of UAH 1.327 billion. On the second – JSC "CREDIT AGRICOLE BANK", customers of this bank under the program "Affordable loans 5-7-9%" received loans amounting to UAH 854.298 million. And in third place - Credo Bank in the amount of UAH 795.832 million.

It should be noted, a loan under the Program can be obtained in the following banks: JSC "Oschadbank", JSC "Ukrgasbank", JSC CB "PrivatBank", JSC "Ukreximbank", JSC JSCB "Bank Lviv", PJSC "PUMB", JSC "BANK ALLIANCE ", JSC "KREDOBANK", PJSC "BANK VOSTOK", JSC "Raiffeisen Bank Aval", JSC "TASKOMBANK", JSC "Alfa-Bank", JSC "CB "GLOBUS", JSC "MEGABANK", JSC "POLYCOMBANK", JSC "CREDIT AGRICOLE BANK", as well as Creditwest Bank and OTP Bank