• Українською
  • Ministry of Finance: 13,316 soft loans to the tune of UAH 52.98 billion were issued during the period of martial law within the State Program Affordable Loans at 5-7-9%
    Ministry of Finance of Ukraine, posted 03 October 2022 15:35

    Over the past week, 253 preferrential loans for a total amount of UAH 1.23 billion were issued within the framework of the State Program Affordable Loans at 5-7-9%, including 143 credit agreements for the amount of UAH 0.413 billion concluded by banks of the public sector of the economy.

    Since the start of the Program, as of October 3, 2022, business entities have received 48,138 loans from authorized banks for a total amount of UAH 142.6 billion, of which 31,151 were from banks of the state sector of the economy for a total amount of UAH 57.15 billion.

    During the period of martial law in Ukraine, 13,316 loan agreements for a total amount of UAH 52.98 billion were concluded within the framework of the State Program Affordable Loans at 5-7-9% (including 10,675 credit agreements for the amount of UAH 30.51 billion), of which:

    - UAH 0.76 billion – for investment purposes;

    - UAH 4.75 billion – as anti-crisis loans;

    - UAH 4.41 billion – as refinancing of previously received loans;

    - UAH 21.12 billion – loans for agricultural producers;

    - UAH 21.92 million - for anti-war purposes.

    The program is implemented by the Entrepreneurship Development Fund (EDF). The only participant of the EDF is the Government of Ukraine represented by the Ministry of Finance of Ukraine, which coordinates all aspects of the Fund's activities.

    To date, under the State Program Affordable Loans at 5-7-9%, the EDF has concluded cooperation agreements with 44 banks.

    It’s worth mentioning that in order to prevent a decrease in the volume of lending due to an increase in the NBU discount rate, as well as to facilitate the financing of agricultural commodity producers to carry out a complex of autumn fieldwork in 2022, the Cabinet of Ministers of Ukraine adopted Resolution No. 916 of July 29, 2022 "On Amendments to the Cabinet of Ministers of Ukraine Resolutions dated January 24, 2020 No. 28 and July 14, 2021 No. 723".