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  • Weekly updates regarding the state program "Affordable Loans at 5-7-9%": 196 new loans to the tune of UAH 638 mn
    Ministry of Economic Development, Trade and Agriculture of Ukraine, posted 27 July 2020 15:23

    Within the framework of the state program "Affordable Loans 5-7-9%", the authorized banks concluded 196 new loan agreements for the total amount of UAH 638 million last week.

    In total, as of July 27, 2020, 1,446 loans totaling UAH 2.413 billion have already been issued.

    Loans to refinance previously obtained loans continue to be in the greatest demand of businesses. Over the past week, the portfolio of refinanced loans under the program increased by half a billion hryvnias (UAH 564 million). It has already exceeded one and a half billion hryvnias (UAH 1.637 billion) and continues to grow. The amount of refinancing applications amounted to UAH 6.464 billion since the launch of this anti-crisis product.

    Businesses' demand for investment loans under the program remains consistently high. As of July 27, the number of applications for loans under this product amounted to UAH 5.129 billion. Authorized banks have already issued investment loans to the tune of UAH 757.30 million since the launch of the Program, which allowed to renew the fixed assets of entrepreneurs in the amount of about UAH 1 billion.

    As of today, a loan under the Program can be obtained in 18 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", as well as Creditwest Bank and OTP Bank.