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  • Entrepreneurs must get access to cheap loans, we can ensure that, says Ihor Petrashko
    Ministry of Economic Development, Trade and Agriculture of Ukraine, posted 10 July 2020 11:25

    Entrepreneurs need access to cheap credit, and we can implement that. This was stated by the Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko on air of the channel "112 Ukrayina".

    "Now we can see the first positive results of the program "5-7-9". We now have applications to the tune of UAH 8 billion. I think in 2 weeks the process will be even more active. The participating banks confirm that they have received a real tool and are actively accepting applications from clients," the Minister said.

    He added that under this program, businesses have already received more than UAH 1 billion in loans for the development and implementation of anti-crisis measures.

    It should be noted that on July 1, the Government's decision to simplify the conditions for participation in the program "Affordable Loans at 5-7-9%" for micro and small businesses came into force. In particular, the requirements for the mandatory profitability of existing businesses have been relaxed, restrictions on the use of funds and the maximum loan amount have been removed.

    The loan under the Program can be obtained in 16 banks: JSC "Oschadbank", JSC "Ukrgasbank", JSC CB "PrivatBank", JSC "Ukreximbank", JSC JSCB "Bank Lviv", PJSC "PUMB", JSC "BANK ALLIANCE ", JSC "KREDOBANK", PJSC "BANK VOSTOK", JSC "Raiffeisen Bank Aval", JSC "TASKOMBANK", JSC "Alfa-Bank", JSC "CB "GLOBUS", JSC "MEGABANK", JSC "POLYCOMBANK", JSC "CREDIT AGRICOLE BANK".