In early April, the National Bank appealed to the Cabinet of Ministers to increase business lending. Among the developments: the expansion of the portfolio guarantee program for large agricultural enterprises, as well as for large enterprises in strategic industries, and increasing the term of lending to farmers for sowing from six months to a year. In addition, the NBU seeks expansion of state support for credit lines, financial leasing, and increasing portfolio guarantees from 80% to 100% of loans for “red” zones where the fighting continues. The NBU leadership has also said that the bank plans to lend almost UAH 66B to Ukrainian enterprises in the second quarter, including UAH 30B for the agricultural sector.
The NBU plans to expand its lending business.
The NBU plans to expand its lending business.