Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 73,714 loans from authorised banks totalling UAH 240.5 billion, of which 49,986 were from public sector banks totalling UAH 105.4 billion (as of 09.10.2023).
Over the past week, 213 concessional loans totalling UAH 0.9 billion were issued under the programme, including 116 loan agreements worth UAH 0.3 billion were concluded by public sector banks.
During the period of martial law in Ukraine, 38,892 loan agreements totalling UAH 150,9 billion were concluded (including 29,510 loan agreements by public sector banks to the tune of UAH 78.7 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 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.