• Українською
  • Ministry of Finance: During martial law, 27,170 concessional loans worth UAH 109 billion were issued under Affordable Loans at 5-7-9% State Programme
    Ministry of Finance of Ukraine, posted 22 May 2023 15:10

    Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 61,992 loans from authorised banks totalling UAH 198.62 billion, of which 41,014 were from public sector banks totalling UAH 85.48 billion (as of 22.05.2023).

    Over the past week, 360 concessional loans totalling UAH 1.5 billion were issued under the programme, including 247 loan agreements worth UAH 0.71 billion were concluded by public sector banks.

    During the period of martial law in Ukraine, 27,170 loan agreements totalling UAH 109 billion were concluded (including 20,538 loan agreements by public sector banks to the tune of UAH 58.8 billion), of which:

    • UAH 2.81 billion – for investment purposes;
    • UAH 7.41 billion – as anti-crisis loans;
    • UAH 4.31 billion – as refinancing of previously received loans;
    • UAH 30.61 billion – loans for agricultural producers;
    • UAH 56.08 billion – for anti-war purposes.

    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 EDF 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.