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Since the start of the year, banks have provided over UAH 50 billion in affordable loans to businesses

Опубліковано 25 July 2024 року, о 10:15

Since January 2024, 13,394 loans worth UAH 50.8 billion have been given to entrepreneurs under the state program “Affordable Loans 5-7-9%”.

During martial law in Ukraine, 57,536 loans worth UAH 228.1 billion were issued. As of July 22, 2023:

– UAH 21.75 billion for investment.

– UAH 62.53 billion for working capital.

– UAH 39.24 billion – loans for farmers.

– UAH 17.85 billion for processing agricultural products.

– UAH 57.58 billion – for peace.

– UAH 15.49 billion for loans in high-risk military areas.

The Affordable Loans program is being implemented with the participation of 46 banks. The state continues to provide compensation to businesses under loan agreements.

Since February 2020, 92,358 loans worth UAH 317.6 billion have been signed.

In 2023, the Ministry of Reintegration got the ball rolling on a new state program called “Affordable Loans 5-7-9%.” It’s designed to help entrepreneurs from territories that might be affected by hostilities or de-occupied territories get access to affordable loans.