The government provided portfolio guarantees to creditor banks to support entrepreneurs

02 May 2022, 01:13 | Ukraine
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The government provided portfolio guarantees to lending banks to support micro, small and medium enterprises. The relevant resolution was issued by the Cabinet of Ministers on April 29..

The resolution refers to the provision in the current year of state guarantees to ensure partial fulfillment of debt obligations on the portfolio of loans of creditor banks provided to business entities of micro-entrepreneurship, small and / or medium-sized businesses.

It is important that we are talking about entrepreneurs who are residents of Ukraine.

The maximum amount of government guarantees on a portfolio basis is:.

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Yuzhny bank – UAH 26 million,.

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Recall, Prime Minister of Ukraine Denys Shmihal believes that only in 2022, Ukraine's GDP can be reduced by 30-50 percent.




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