UKRGASBANK has issued over UAH 10 billion worth loans under the "Affordable loans 5-7-9%" state support program

Since the launch of the "Affordable Loans 5-7-9%" program, the authorized banks have issued 44,025 loans totaling UAH 124.8 billion, as of 13 June 2022.

Even in wartime, out of 42 banks participating in the program, the state-owned UKRGASBANK is among the leaders by the number of loans issued: the Bank has granted 2,972 loans worth UAH 10.25 billion. Of these, UAH 3.3 billion were directed to agricultural producers, UAH 2.7 billion were channeled for anti-crisis purposes, and UAH 1.9 billion for investment projects.

For reference: UKRGASBANK signed an agreement with the Business Development Fund on providing soft loans for Ukrainian SMEs in January 2020. The program features a reduction of loan interest rates to 5, 7, and 9 % per annum in the local currency, depending on the business size and type, as well as a partial loan guarantee for micro-and small businesses.

15.06.2022