• Українською
  • Ministry of Finance: During martial law, 32,082 concessional loans worth over UAH 126 billion were issued under Affordable Loans at 5-7-9% State Programme
    Ministry of Finance of Ukraine, posted 17 July 2023 14:35

    Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 66,904 loans from authorised banks totalling UAH 215.73 billion, of which 44,988 were from public sector banks totalling UAH 94.9 billion (as of 17.07.2023).

    Over the past week, 631 concessional loans totalling UAH 2.2 billion were issued under the programme, including 512 loan agreements worth UAH 1.2 billion were concluded by public sector banks.

    During the period of martial law in Ukraine, 32,082 loan agreements totalling UAH 126,1 billion were concluded (including 24,512 loan agreements by public sector banks to the tune of UAH 68.3 billion).

    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.