Ministry of Finance: during the martial law period, banks have issued preferential loans worth over 78 billion UAH
In total, entrepreneurs received almost 168 billion UAH in loans under the Affordable Loans 5-7-9% programme
What happened? Last week, 271 preferential loans totaling 730 million UAH were issued under the Affordable Loans 5-7-9% government programme, and state-owned banks concluded 186 loan agreements worth 330 million UAH.
Source. Ministry of Finance of Ukraine.
Details. Since the beginning of the full-scale invasion, 18,805 loan agreements totaling 78.09 billion UAH have been concluded under the state programme. Of these: 830 million UAH – for investment purposes; 6.5 billion UAH – as anti-crisis loans; 4.37 billion UAH – as refinancing of previously obtained loans; 25.81 billion UAH – loans for agricultural producers, and another 40.58 billion UAH – for anti-war purposes.
Since the launch of the programme (February 2020), banks have issued 53,600 loans to businesses worth 167.73 billion UAH, of which 34,514 have been provided by state-owned banks for a total amount of 67.48 billion UAH.
If you have read this article to the end, we hope that means it was useful for you.
We work to ensure that our journalistic and analytical work is of high quality, and we strive to perform it as competently as possible. This also requires financial independence. Support us for only UAH 196 per month.
Become a Mind subscriber for just USD 5 per month and support the development of independent business journalism!
You can unsubscribe at any time in your LIQPAY account or by sending us an email: [email protected]
