Ministry of Finance: Over the week, entrepreneurs received 363 preferential loans worth UAH 1.8 billion under the 5-7-9% programme

Over the past week, within the framework of the state programme Affordable Loans at 5-7-9%, representatives of micro, small and medium-sized businesses received 363 preferential loans from authorised banks for a total amount of UAH 1.8 billion, including 227 loans worth UAH 0.6 billion from banks in the public sector.

During the period of martial law in Ukraine, 100,525 loans were issued for UAH 374.3 billion (including 72,865 loans for UAH 186.8 billion from state-owned banks), of which, as of 19 January this year:

- UAH 56.76 billion was for investment purposes;

- UAH 81.01 billion – for working capital financing;

- UAH 50.26 billion – loans for agricultural producers;

- UAH 56.67 billion – for agricultural product processing;

- UAH 4.12 billion – for energy service financing;

- UAH 56.84 billion – for anti-war purposes;

- UAH 56.59 billion – lending in areas of high military risk.

Since the launch of the Programme, a total of 135,347 loan agreements worth UAH 463.9 billion have been signed, including 93,341 agreements worth UAH 213.4 billion signed by state-owned banks.

The programme is implemented by the Business Development Fund (BDF), whose sole participant is the Government of Ukraine represented by the Ministry of Finance, which coordinates all key aspects of the Fund’s activities.

Under the programme, the BDF has concluded cooperation agreements with 48 banks. The State continues to make all necessary compensatory payments to businesses under the loan agreements concluded within the programme.

The state programme is aimed at developing entrepreneurship by providing access to affordable financing, as well as promoting job creation, economic accessibility, and support for businesses during the war.

Last year, the Government supported the changes proposed by the Ministry of Finance to improve the processes for providing state financial support to MSMEs, which is particularly important under the conditions of the full-scale war. This primarily concerns the development of the Government’s Affordable Loans at 5-7-9%, Affordable Financial Leasing at 5-7-9%, and Affordable Factoring programmes.