Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 61,632 loans from authorised banks totalling UAH 197.11 billion, of which 40,767 were from public sector banks totalling UAH 84.76 billion (as of 15.05.2023).
Over the past week, 448 concessional loans totalling UAH 1.8 billion were issued under the programme, including 368 loan agreements worth UAH 1.2 billion were concluded by public sector banks.
During the period of martial law in Ukraine, 26,810 loan agreements totalling UAH 107.5 billion were concluded (including 20,291 loan agreements by public sector banks to the tune of UAH 58.11 billion), of which:
The programme is being implemented by the Entrepreneurship Development Fund (EDF). The Government of Ukraine, represented by the Ministry of Finance of Ukraine, is the sole participant of the SPF and coordinates all aspects of the Fund’s activities.
To date, under the Affordable Loans at 5-7-9% State Programme the EDF has concluded cooperation agreements with 45 banks. The state continues to make all necessary compensation payments to businesses under the loan agreements concluded within this programme.
To streamline the State Programmes Affordable Loans at 5-7-9% and Affordable Financial Leasing at 5-7-9% under martial law, the Government adopted Resolution No. 229 “On Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine on Providing Financial State Support to Business Entities” dated 14 March 2023.