The government has provided portfolio guarantees to creditor banks to support entrepreneurs

It is about supporting micro, small and medium business

The government has provided portfolio guarantees to creditor banks to support micro, small and medium enterprises . The relevant resolution was issued by the Cabinet of Ministers on April 29.

The resolution provides for the provision of state guarantees this year to ensure partial fulfillment of debt obligations on the portfolio of loans from creditor banks provided to micro, small and/or medium business. It is important that these are entrepreneurs who are residents of Ukraine.

The maximum amount of state guarantees on a portfolio basis is:

  • “Ukrgasbank” – UAH 849 million,
  • Oschadbank – UAH 425 million,
  • Grant Bank – UAH 43 million,
  • Pivdennyi Bank – UAH 26 million,
  • Ukrainian Capital Bank – UAH 14 million,
  • MetaBank – UAH 13 million,
  • Pravex Bank “- UAH 8 million,
  • ” Ukrbudinvestbank “- UAH 8 million,
  • ” Investment and Savings Bank “- UAH 7 million,
  • ” A- Bank “- UAH 7 million.

Read also: Already 400 companies have moved from the war zone, almost half have resumed work – Hetmantsev

Recall, Prime Minister Denis Shmygal of Ukraine believes that only in 2022, Ukraine's GDP could be reduced by 30-50 percent .

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Based on materials: ZN.ua

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