Over the past week, 313 preferential loans for a total amount of UAH 2.6 billion were issued within the framework of the State Program Affordable Loans at 5-7-9%, including 131 loan agreements for the amount of UAH 0.893 billion concluded by banks of the public sector of the economy.

Since the start of the Program, as of November 7, 2022, business entities have received 49,718 loans from authorized banks for a total amount of UAH 151.77 billion, of which 32,025 were from banks of the state sector of the economy for a total amount of UAH 60.46 billion.

During the period of martial law in Ukraine, 14,896 loan agreements for a total amount of UAH 62.15 billion were concluded within the framework of the State Program Affordable Loans at 5-7-9% (including 11,549 loan agreements for the amount of UAH 33.82 billion), of which:

- UAH 0.77 billion – for investment purposes;

- UAH 5.39 billion – as anti-crisis loans;

- UAH 4.51 billion – as refinancing of previously received loans;

- UAH 25.15 billion – loans for agricultural producers;

- UAH 26.31 billion – for anti-war purposes.

The program is implemented by the Entrepreneurship Development Fund (EDF). The only participant of the EDF is the Government of Ukraine represented by the Ministry of Finance of Ukraine, which coordinates all aspects of the Fund’s activities.

To date, under the State Program Affordable Loans at 5-7-9%, the EDF has concluded cooperation agreements with 44 banks.

It’s worth mentioning that in order to prevent a decrease in the volume of lending due to an increase in the NBU discount rate, as well as to facilitate the financing of agricultural commodity producers to carry out a complex of autumn fieldwork in 2022, the Cabinet of Ministers of Ukraine adopted Resolution No. 916 of July 29, 2022 “On Amendments to the Cabinet of Ministers of Ukraine Resolutions dated January 24, 2020 No. 28 and July 14, 2021 No. 723”.