Cashback for SMEs under the EBRD Programme

Despite a full-scale war, Ukrainian businesses continue to operate. UKRGASBANK actively supports SMEs in implementing the projects under EU4Business initiative, with the participation of the EU and the EBRD. The Programme supports the Ukrainian economy during the war and helps Ukrainian companies achieve international manufacturing standards.

UKRGASBANK clients participating in the Programme receive an investment incentive of up to 15% of the loan amount. The Programme has enjoyed significant interest among Ukrainian companies. Currently, UKRGASBANK has issued over 70 such loans. The Programme has become especially popular among the Ukrainian agrarians who are actively investing in new equipment. Having recognized the benefits of the Programme, some clients have already received multiple loans under it. To receive the investment incentive, it is sufficient to submit documents confirming the intended use of the loan and project implementation.

Loans of up to EUR 3 million (or the equivalent in Hryvnia) are granted to implement the investment projects in various economic sectors. Within the Programme, the Bank finances both simple projects, such as the purchase of agricultural machinery, trucks, electric vehicles, production equipment, and complex projects involving the construction of production lines and facilities. Detailed program terms can be found on the bank's website by the following link.

"Supporting businesses is a strategic focus for UKRGASBANK. Participation in state and international programs allows us to offer clients various financial solutions for the implementation of their investment projects. Under the EBRD Programme, for instance, entrepreneurs can not only secure funds for their business investments but also receive cashback of up to 15% of the loan amount upon project completion, which can be directed towards the enterprise's current needs. Moreover, this program can be combined with the state program "Affordable Loans 5-7-9%," making financing even more advantageous for our clients," said Rodion Morozov, Acting Chairman of the Management Board of UKRGASBANK.

Please contact us if you are interested in receiving a loan with an investment incentive.

The Programme is supported with funding by the European Union under the EU4Business Initiative.

31.08.2023