• Українською
  • Ministry of Finance: During the martial law, about 38,146 concessional loans totalling about UAH 148 billion were issued under the State Programme Affordable Loans at 5-7-9%
    Ministry of Finance of Ukraine, posted 25 September 2023 15:15

    Since the launch of the State Programme Affordable Loans at 5-7-9%, business entities have received 72,968 loans totalling UAH 237.5 billion from authorised banks, including 49,573 from public sector banks totalling UAH 104.4 billion (as of 25 September 2023).

    Over the past week, 695 soft loans totalling UAH 3.5 billion were issued under the programme, including 483 loan agreements worth UAH 1.1 billion by public sector banks.

    During the period of martial law in Ukraine, 38,146 loan agreements amounting to UAH 147.9 billion were concluded under the State Programme Affordable Loans at 5-7-9% (including 29,097 loan agreements amounting to UAH 77.8 billion by public sector banks), of which:

    - UAH 7.68 billion for investment purposes;

    - UAH 8.39 billion - as anti-crisis loans;

    - UAH 3.85 billion - as refinancing of previously obtained loans;

    - UAH 37.24 billion - loans for agricultural producers;

    - UAH 56.04 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.