Since the beginning of the summer, twenty Ukrainian banks have agreed to provide loans to entrepreneurs for the implementation of projects aimed at the restoration of energy infrastructure and the development of alternative energy, for a total amount of 4.3 billion hryvnias. About this informs Ministry of Economy of Ukraine.
Economy Minister Yulia Svyridenko reminded that the government has created a number of tools to support the energy sector in order to ensure a stable passage of the next heating season. In particular, the possibilities of the “Affordable 5-7-9 loans” program were expanded, which allows businesses, condominiums, and housing and construction cooperatives to receive financial support for energy projects. Household owners also have access to interest-free loans.
Svyridenko noted that, along with state programs, banks offer their own credit products, and business actively uses this opportunity to finance projects in the field of alternative energy and the restoration of energy infrastructure.
According to the NBU survey, since June 1, Ukrainian banks have already approved 504 loan applications for a total amount of 4.3 billion hryvnias. The largest share of loans for business energy needs was provided by foreign banks – 2.4 billion hryvnias for 114 applications.
In total, since the beginning of the NBU survey, banks have received 1,525 applications for credit in the amount of 42 billion hryvnias. State banks received the largest number of applications – 1,144 for the amount of 32.7 billion hryvnias.
