UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Banks provided UAH 1.32B under Affordable Loans program last week

Last week authorized banks issued 381 loans for a total sum of UAH 1.32 billion under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports, referring to the Finance Ministry’s press service.

Since the start of the program, authorized banks have issued 27,203 loans for a total sum of UAH 72.3 billion. In particular, UAH 22.5 billion was issued as refinancing of previously received loans, UAH 8.66 billion was received by entrepreneurs for investment purposes and UAH 41.1 billion as anti-crisis loans.

The Finance Ministry noted that the draft state budget for 2022 provides for UAH 3 billion for the program to support Ukrainian entrepreneurs "Affordable Loans at 5-7-9%", which will allow providing assistance to 20,000 more entrepreneurs.

As reported, the Cabinet of Ministers approved a resolution to launch the program "Affordable Loans at 5-7-9%" from February 1, 2020.

The program is implemented by the Entrepreneurship Development Fund, which has concluded cooperation agreements with 39 banks.

iy

Related news
Energy Ministry: Cooperation with E5P allows raising EUR 137.

Energy Ministry: Cooperation with E5P allows raising EUR 137.

The Ministry of Energy of Ukraine states that the second phase of cooperation with the Eastern Europe Energy Efficiency and Environment Partnership (E5P) will help Ukraine attract EUR 137.5 million for energy efficiency projects.

UkrInform

Mike Rowe, John Rich top Adele on iTunes chart with ‘Santa’s Gotta Dirty Job’.

Mike Rowe, John Rich top Adele on iTunes chart with ‘Santa’s Gotta Dirty Job’.

FOX Business' Mike Rowe and Country music star John Rich joined 'Fox & Friends Weekend' to discuss the success of their hit Christmas song. #FoxNews Subscribe to Fox News!  Watch more Fox News Video:  Watch Fox News Channel Live:  FOX News Channel...

Press Preview: A look inside Monday's newspapers

Press Preview: A look inside Monday's newspapers

We take a first look at Monday's newspapers with the Financial Times' Whitehall Editor, Sebastian Payne and The Spectator's Economics Correspondent Kate Andrews. SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Fa...

Democrats’ ‘frightening’ policies legitimize crime, Rep.

Democrats’ ‘frightening’ policies legitimize crime, Rep.

Rep. Jordan: Democrats ‘shouldn’t be surprised’ their policies cause more crime Rep. Jim Jordan, R-Ohio, criticizes Democratic city leaders and district attorneys who have gotten rid of bail and defunded police departments. ... JIM JORDAN: It does...

Former Senator Bob Dole Dies at 98

Former Senator Bob Dole Dies at 98

At the U.S. Capitol, the American flag that Bob Dole long served, now flies at half-staff in his honor. He was a Senator, presidential candidate, and champion for veterans and people with disabilities. Dole carried grave wounds from WWII through t...

Investigation Into Michigan High School Shooter Continues.

Investigation Into Michigan High School Shooter Continues.

James and Jennifer Crumbley are now behind bars after being captured and charged Saturday with four counts each of involuntary manslaughter. The school is releasing new details on what happened in the hours leading up to the shooting that killed f...

Concerns grow over omicron variant

Concerns grow over omicron variant

Seventeen states are now reporting cases of the new COVID-19 variant.