Since the launch of the State Programme Affordable Loans at 5-7-9%, business entities have received 78,303 loans from authorised banks for a total amount of UAH 263.1 billion, of which 53,013 were from public sector banks for a total amount of UAH 114.6 billion (as of 25 December 2023).

Over the past week, 634 soft loans amounting to UAH 3 billion were disbursed under the Programme, including 465 loans amounting to UAH 1.4 billion by state-owned banks.

During the period of martial law in Ukraine, 43,481 loan agreements totalling UAH 173.5 billion were concluded under the State Programme Affordable Loans at 5-7-9% (including 32,537 loans totalling UAH 88 billion by public sector banks), of which

- UAH 12.01 billion for investment purposes;

- UAH 8.93 billion as anti-crisis loans;

- UAH 3.73 billion as refinancing of previously obtained loans;

- UAH 36.29 billion - loans for agricultural producers;

- UAH 58.28 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.

Also recently, the NBU officially launched the Affordable Factoring Programme, a new financial instrument under the State Programme Affordable Loans 5-7-9% to provide micro, small and medium-sized enterprises (MSMEs) with working capital.