Over the past week, more than 300 entrepreneurs have obtained credits under the government program "Affordable Loans 5-7-9%" for a total of UAH 2.6 billion. Since the start of the program on February 2020, banks have issued 49,700 loans to businesses for UAH 152 billion.

Most entrepreneurs took anti-crisis loans - UAH 60.7 billion, and UAH 28.8 billion - to refinance previously obtained loans. In addition, UAH 25.3 billion was issued for anti-war purposes and UAH 11 billion for investment purposes.  Agrarians were granted UAH 25 billion in loans to support their activities, trading companies were issued UAH 1 billion in loans to replenish their working capital.

The most frequent borrowers under the program are enterprises operating in agriculture (53%), trade and production (24%), industrial processing (14%). Among the regions, the leaders in terms of the amount of concluded loan agreements are Lviv, Kharkiv, Dnipropetrovsk, Odesa, Kyiv, Vinnytsia regions, and the city of Kyiv.

So far, 44 banks are participating in the program, the largest number of loans was issued by Privatbank (20,700), Oschadbank (7,300) and Raiffeisen Bank Aval (4,600).

As a reminder, the government program "Affordable Loans at 5-7-9%" allows entrepreneurs to leverage up to UAH 60 million at 0% for the period of wartime +1 month aftermath. For the retail trade networks, credit funds to the tune of up to UAH 1 billion at 5% per annum are available, thereby enabling them to pay their suppliers on time and replenish their financial balance.

Moreover, the Government has enlarged a program of soft loans for enterprises destroyed as a result of the hostilities.  Entrepreneurs will have an opportunity to receive credit funding for the rehabilitation of production capacities at 9% for up to 5 years in the amount of up to UAH 60 million.