Ukrgasbank provided investment loans worth UAH 500M

Ukrgasbank provided investment loans worth UAH 500M

Ukrinform
JSB Ukrgasbank has already issued UAH 500 million of investment loans under the government program “Affordable loans at 5-7-9%”, which is the largest indicator among the banks participating in the program, according to a report posted on the bank’s website.

"Overall, Ukrgasbank has already financed ‘affordable loans at 5-7-9%’ for a total sum of UAH 734 million, the lion's share of which is investment. Currently, the bank is the leader in providing such loans for business, according to the statistics of the Finance Ministry,” reads the report.

According to Ukrgasbank, such loans allow the economy to develop through the implementation of new promising projects.

The bank noted that the demand for affordable loans in microbusiness remains high, as evidenced by the number of new applications under the program "Affordable Loans at 5-7-9%". Currently, Ukrgasbank is considering applications worth almost UAH 1 billion.

As reported by Ukrinform, the authorized banks of the government program "Affordable Loans at 5-7-9%" last week issued loans for more than UAH 580 million. In total, as of August 31, 2020, 2,603 loans totaling UAH 6.130 billion have been issued.

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