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11,266 soft loans were issued during the period of martial law

08 Aug, 2022
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11,266 soft loans were issued during the period of martial law

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11,266 soft loans worth UAH 45.04 billion were issued during the period of martial law within the framework of the State Programme Affordable Loans at 5-7-9%


Over the past week, 155 preferential loans to the tune of UAH 1.59 billion were issued within the framework of the State Programme Affordable Loans at 5-7-9%, including 93 credit agreements to the tune of UAH 373.2 million concluded by banks of the state sector of the economy.

Since the start of the Program, as of August 8, 2022, business entities have received 46,088 loans from authorized banks for a total amount of UAH 134.66 billion, of which 29,457 were from state sector banks for a total amount of UAH 52.30 billion.

During the period of martial law in Ukraine, 11,266 credit agreements for a total amount of UAH 45.04 billion were concluded within the framework of the Programme, including 8,981 credit agreements for the amount of UAH 25.66 billion by public sector banks, of which:

- UAH 684.31 million – for investment purposes;

- UAH 4,211.00 million – as anti-crisis loans;

- UAH 3,985.73 million – as refinancing of previously received loans;

- UAH 19,653.81 million – loans for agricultural producers;

- UAH 16,487.18 million – for anti-military purposes.

The program is implemented by the Entrepreneurship Development Fund (EDF). The only participant of the EDF is the Government of Ukraine represented by the Ministry of Finance of Ukraine, which coordinates all aspects of the Fund's activities.

To date, under the State Program Affordable Loans at 5-7-9%, the EDF has concluded cooperation agreements with 42 banks.


The Odessa Journal

The Odessa Journal

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