Since the beginning of 2024, businesses have received 22,006 soft loans under the Affordable loans at 5-7-9% programme totalling UAH 82.6 billion, and 100,900 loans totalling UAH 349.5 billion since the programme was launched in February 2020. Last week, Ukrainian entrepreneurs received 561 soft loans worth UAH 2.2 billion.

“Ukrainian businesses are spending more and more of the available funds under the Affordable loans at 5-7-9% programme on the development of processing production and investment purposes. Most often, loans are granted to companies operating in agriculture, processing industry, wholesale and retail trade. This has been a consistent trend since the Government shifted the programme’s focus to the development of the real economy. In total, Ukrainian businesses have already received more than 100,000 soft loans since the programme was launched in 2020,” said Deputy Minister of Economy Andrii Teliupa.

Under the programme, businesses received:

• UAH 20.6 billion to replenish working capital;
• UAH 20.4 billion for processing;
• UAH 18.9 billion for lending in the high-risk combat zone;
• UAH 17.3 billion as investment loans.

The most commonly lent businesses are those operating in agriculture, manufacturing, wholesale and retail trade.

Among the regions, the leaders in terms of loan agreements are Lviv, Dnipropetrovsk, Odesa, Kyiv, Kharkiv, Vinnytsia, Poltava regions and the city of Kyiv.

Currently, 46 banks participate in the programme, with Privatbank (47,000), Oschadbank (15,500) and Ukrgasbank (5,600) issuing the largest number of loans since the programme’s launch.