Bank Lviv, German-Ukrainian Fund sign agreement for EUR 3 mln

Bank Lviv, German-Ukrainian Fund sign agreement for EUR 3 mln

Bank Lviv and the German-Ukrainian Fund (GUF) have signed an agreement for EUR 3 million to provide lending for small and medium-sized enterprises (SMEs), according to a press release obtained by Ukrinform.

"In accordance with the signed loan agreements, Bank Lviv will provide loans to SMEs as part of a micro-lending program and a new SME program to support the financing of SME investment projects implemented in cooperation with the EU's EU4Business initiative," the report said.

Under the SME investment support program, loans will be provided to entrepreneurs who are engaged in agriculture, processing industry, hotel and restaurant business and implement energy-efficient projects.

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website 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 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.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: