• Українською
  • Ministry of Finance: During martial law, over 40,500 concessional loans worth UAH 158 billion issued under Affordable Loans at 5-7-9% State Programme
    Ministry of Finance of Ukraine, posted 06 November 2023 14:09

    Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 75,331 loans from authorised banks totalling UAH 247.6 billion, of which 51,034 were from public sector banks totalling UAH 107.9 billion (as of 06.11.2023).

    Over the past week, 589 concessional loans totalling UAH 2.4 billion were issued under the programme, including 424 loan agreements worth UAH 1.1 billion were concluded by public sector banks.

    During the period of martial law in Ukraine, 40,509 loan agreements totalling UAH 158 billion were concluded (including 30,558 loan agreements by public sector banks to the tune of UAH 81.3 billion) of which:

    • UAH 9.98 billion – for investment purposes;
    • UAH 9.13 billion – as anti-crisis loans;
    • UAH 3.75 billion – as refinancing of previously received loans;
    • UAH 35.48 billion – loans for agricultural producers;
    • UAH 58.17 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.