Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 62,598 loans from authorised banks totalling UAH 201.45 billion, of which 41,517 from public sector banks totalling UAH 87.63 billion (as of 29.05.2023).
Over the past week, 606 concessional loans totalling UAH 2.8 billion were issued under the programme, including 503 loan agreements worth UAH 2.2 billion were concluded by public sector banks.
During the period of martial law in Ukraine, 27,776 loan agreements totalling UAH 111.8 billion were concluded (including 21,041 loan agreements by public sector banks to the tune of UAH 61 billion), of which: UAH 3.11 billion – for investment purposes, UAH 7.59 billion – as anti-crisis loans, UAH 4.28 billion – as refinancing of previously received loans, UAH 31.16 billion – loans for agricultural producers and UAH 56.48 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 March 14. (Government portal/Business World Magazine)
