5-7-9loanprogram

Monday, September 30

The state program of preferential business lending positively affects the economy but needs improvement. As of January 1, 2024, the state’s debt to banks under the 5-7-9% Available Loans program amounted to ₴7.1B, and barring changes, by the end of 2024 this figure may reach ₴11.5B, according to th...

Tuesday, July 16

The NBU insists on further narrowing the state’s 5-7-9% preferential lending program. The Affordable Loans 5-7-9% state program, despite recent changes that narrowed the financing limit of working capital to ₴5M, is still not sufficiently focused on helping businesses that need it, com...

Thursday, February 29

The state continues to accumulate debts to banks for compensation under the 5-7-9 soft loan program. The top manager of OTP Bank, Volodymyr Mudryi, said that in 2023, ₴16 billion was set aside in the state budget to compensate banks for rates issued under the Affordable Loans 5-7-9 program. The year ...

Tuesday, February 20

Ukrainian businesses increased the volume of soft loans by 34% over the year. The total volume of loans granted under the Affordable Loans 5-7-9% program increased by 2% in the fourth quarter of 2023 and by 34% for the entire year, according to the Banking Sector Review for Feb...

Thursday, December 28

Preferential loans for businesses will cost the state ₴5B this year. The state’s debt to banks for interest compensation under the 5-7-9% Affordable Loans program will reach ₴5B by the end of the year, the head of the parliament’s finance committee, Danylo ...

Tuesday, November 7

Since the beginning of the year, banks have issued ₴82B in affordable business loans. Last week, 589 entrepreneurs received ₴2.4B in loans under the government program Affordable Loans 5-7-9%. Since the beginning of the year, banks have issued 22,400 business loans for ₴82B. PrivatBank...

Wednesday, October 25

Bankers predict that in 2024 businesses will need ₴100-150B under the State Program Affordable Loans at 5-7-9%. Bankers think that this demand will be observed from small and medium-sized businesses. It is assumed that, depending on the interest rate, the loan amount, etc., that in 2024 the potential number of ...

Monday, October 25

Terms for the program “Affordable Loans 5-7-9%” changes. Individuals and entrepreneurs with an annual income of up to UAH 50 mln ($1.9 mln), will be able to receive soft loans at a rate of 12% per annum up to UAH 1 mln ($38,000) without collateral (the loan...

Monday, August 2

Banks have issued $2 billion worth of loans to 20,000 businesses in the first 18 months of the ‘Affordable Loans 5-7-9%’ program, Prime Minister Shmygal writes on Facebook. Loans up to $112,000 are extended to businesses with revenues under $3.7 million.

Wednesday, January 6

Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy, to 85,500 in 2020, reports Ukrautoprom, the car industry association. In December was the year’s record month, with Ukrai...

Cracking down on overloaded trucks, Highway Safety inspectors stopped 700,000 vehicles in 2020, fining 14,000 drivers nearly $5 million Cracking down on overloaded trucks, Highway Safety inspectors stopped 700,000 vehicles in 2020, fining 14,000 drivers nearly $5 million, reports Infrastructure Minister Vladyslav Krikliy. This year, K...

Cracking down on overloaded trucks, Highway Safety inspectors stopped 700,000 vehicles in 2020, fining 14,000 drivers nearly $5 million Cracking down on overloaded trucks, Highway Safety inspectors stopped 700,000 vehicles in 2020, fining 14,000 drivers nearly $5 million, reports Infrastructure Minister Vladyslav Krikliy. This year, K...

The EU plans to invest €100 million in opening five new Ukraine-Poland border check points in Lviv region The EU plans to invest €100 million in opening five new Ukraine-Poland border check points in Lviv region, according to Maksym Kozytsky, head of Lviv Regional State Administration. To be completed ove...

The EU plans to invest €100 million in opening five new Ukraine-Poland border check points in Lviv region The EU plans to invest €100 million in opening five new Ukraine-Poland border check points in Lviv region, according to Maksym Kozytsky, head of Lviv Regional State Administration. To be completed ove...

Passenger traffic through Lviv Airport dropped by 60% yoy in 2020, to 878,000 passengers Passenger traffic through Lviv Airport dropped by 60% yoy in 2020, to 878,000 passengers, Tetyana Romanovska, the airport director, tells Avianews. By promoting Lviv as an air cargo hub, the state-own...

Passenger traffic through Lviv Airport dropped by 60% yoy in 2020, to 878,000 passengers Passenger traffic through Lviv Airport dropped by 60% yoy in 2020, to 878,000 passengers, Tetyana Romanovska, the airport director, tells Avianews. By promoting Lviv as an air cargo hub, the state-own...

To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army, To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army, Yevhen Metzger, chairman of the st...

To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army, To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army, Yevhen Metzger, chairman of the st...

Ukraine’s hryvnia is likely to strengthen in the first half of 2021 Ukraine’s hryvnia is likely to strengthen in the first half of 2021, thanks to foreign-currency inflows from exports and renewed interest by foreign investors in Ukrainian local bonds, a Reuters month...

Ukraine’s hryvnia is likely to strengthen in the first half of 2021 Ukraine’s hryvnia is likely to strengthen in the first half of 2021, thanks to foreign-currency inflows from exports and renewed interest by foreign investors in Ukrainian local bonds, a Reuters month...

The analysts also forecast Ukraine’s economy will grow 4% in 2021 The analysts also forecast Ukraine’s economy will grow 4% in 2021, after an expected decline by 4.8% in 2020. Inflation will be 6.1%, compared to 5% expected in 2020.

The analysts also forecast Ukraine’s economy will grow 4% in 2021 The analysts also forecast Ukraine’s economy will grow 4% in 2021, after an expected decline by 4.8% in 2020. Inflation will be 6.1%, compared to 5% expected in 2020.

To ease the impact of the coronavirus recession, the government last year loaned $615 million under its program, To ease the impact of the coronavirus recession, the government last year loaned $615 million under its program, Affordable loans 5-7-9%”. Of the 7,575 loans, 62% of the money went to refinance existi...

To ease the impact of the coronavirus recession, the government last year loaned $615 million under its program, To ease the impact of the coronavirus recession, the government last year loaned $615 million under its program, Affordable loans 5-7-9%”. Of the 7,575 loans, 62% of the money went to refinance existi...

With reported Covid cases well below the numbers of November, the government is considering softening the lockdown which starts on Friday With reported Covid cases well below the numbers of November, the government is considering softening the lockdown which starts on Friday, reported Strana.ua. Citing ‘a source in the President’s Offic...

With reported Covid cases well below the numbers of November, the government is considering softening the lockdown which starts on Friday With reported Covid cases well below the numbers of November, the government is considering softening the lockdown which starts on Friday, reported Strana.ua. Citing ‘a source in the President’s Offic...

Ukraine’s average annual air temperature in 2020 exceeded the average long-term level by 2.2 degrees Celsius, or 3.6 F, reaching a record high of 10.7 degrees C, or 51.3 F, Ukraine’s average annual air temperature in 2020 exceeded the average long-term level by 2.2 degrees Celsius, or 3.6 F, reaching a record high of 10.7 degrees C, or 51.3 F, Ukraine’s state...

Ukraine’s average annual air temperature in 2020 exceeded the average long-term level by 2.2 degrees Celsius, or 3.6 F, reaching a record high of 10.7 degrees C, or 51.3 F, Ukraine’s average annual air temperature in 2020 exceeded the average long-term level by 2.2 degrees Celsius, or 3.6 F, reaching a record high of 10.7 degrees C, or 51.3 F, Ukraine’s state...

Last year was Kyiv’s hottest since weather recording keeping started in 1881, Last year was Kyiv’s hottest since weather recording keeping started in 1881, reports the Borys Sreznevsky Central Geophysical Observatory. In 2020, the average temperature in Kyiv rose to 10.9°C, or ...

Last year was Kyiv’s hottest since weather recording keeping started in 1881, Last year was Kyiv’s hottest since weather recording keeping started in 1881, reports the Borys Sreznevsky Central Geophysical Observatory. In 2020, the average temperature in Kyiv rose to 10.9°C, or ...

Half of Ukrainians are optimistic about 2021, Half of Ukrainians are optimistic about 2021, according to a nationwide poll completed Monday by Kyiv’s Rating Sociological Group. Of 2,500 people interviewed, 52% expect the new year will be better t...

Half of Ukrainians are optimistic about 2021, Half of Ukrainians are optimistic about 2021, according to a nationwide poll completed Monday by Kyiv’s Rating Sociological Group. Of 2,500 people interviewed, 52% expect the new year will be better t...

Tomorrow, Orthodox Christmas, is the favorite winter holiday for Ukrainians, Tomorrow, Orthodox Christmas, is the favorite winter holiday for Ukrainians, the new Rating poll indicates. Of the 2,500 people interviewed, 77% said they celebrate Christmas on Jan. 7 and 15% say the...

Tomorrow, Orthodox Christmas, is the favorite winter holiday for Ukrainians, Tomorrow, Orthodox Christmas, is the favorite winter holiday for Ukrainians, the new Rating poll indicates. Of the 2,500 people interviewed, 77% said they celebrate Christmas on Jan. 7 and 15% say the...

Despite the global recession, the volume of goods going through Ukraine’s seaports was virtually unchanged in 2020 Despite the global recession, the volume of goods going through Ukraine’s seaports was virtually unchanged in 2020 compared to 2019, according to Ukraine’s Sea Ports Authority. Last year, Ukraine’s po...

Despite the global recession, the volume of goods going through Ukraine’s seaports was virtually unchanged in 2020 Despite the global recession, the volume of goods going through Ukraine’s seaports was virtually unchanged in 2020 compared to 2019, according to Ukraine’s Sea Ports Authority. Last year, Ukraine’s po...

The combination of dropping grain exports and expanded terminal capacity may force down costs in Ukraine’s Black Sea ports The combination of dropping grain exports and expanded terminal capacity may force down costs in Ukraine’s Black Sea ports, reported AgriCensus in a story headlined: “Ukraine’s terminals compete...

The combination of dropping grain exports and expanded terminal capacity may force down costs in Ukraine’s Black Sea ports The combination of dropping grain exports and expanded terminal capacity may force down costs in Ukraine’s Black Sea ports, reported AgriCensus in a story headlined: “Ukraine’s terminals compete...

Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy, to 85,500 in 2020, reports Ukrautoprom, the car industry association. In December was the year’s record month, with Ukrai...