Since the launch of the Affordable Loans at 5-7-9% State Program, business entities have received 51,854 loans from authorized banks for a total amount of UAH 160.81 billion, of which 33,385 – from public sector banks for a total amount of UAH 64.68 billion (as of 19.12.2022).
Over the past week, 440 soft loans totaling UAH 1.95 billion were issued under the Program, including 312 loan agreements worth UAH 1 billion concluded by public sector banks.
During the martial law in Ukraine, 17,032 loan agreements for a total amount of UAH 71.19 billion were concluded under the Affordable Loans at 5-7-9% State Program (including 12,909 loan agreements for a total amount of UAH 38.03 billion concluded by public sector banks):
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 Affordable Loans at 5-7-9% State Program the EDF has concluded cooperation agreements with 45 banks.