Finance Ministry raises EUR 400 mln from EIB to support small, medium-sized businesses

Finance Ministry raises EUR 400 mln from EIB to support small, medium-sized businesses

Ukrinform
The Finance Ministry of Ukraine has raised EUR 400 million loan from the European Investment Bank (EIB) to support the development of small and medium-sized businesses.

This is reported by the Finance Ministry press service, the Government portal reports.

“On October 5, 2017, the Finance Ministry signed agreements with the first selected Ukrainian banks (PJSC MEGABANK, JSB UKRGAZBANK) to use the loan funds for financing the investments and needs of small businesses in current capital. The funding is provided for five years with the possibility of further prolongation of use of the EIB's lending resources," the Finance Ministry press service informed.

ol

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-