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JSC «PIRAEUS BANK ICB» became a member of State Programme of financial support for small and medium enterprises (SME) “Affordable Loans 5-7-9%” (thereinafter referred to as – the Programme). The Programme is being implemented by Business Development Fund (BDF) by means of making loans for small and medium enterprises (SME) cheaper due to State compensation of interest rate of loans in the local currency.
The Programme was initiated by the President of Ukraine and the Cabinet of Ministers of Ukraine and being implemented with support of the President and the Government of Ukraine.
The State Programme “Affordable Loans 5-7-9%” is implemented for lending for the following purposes:
Main requirements of JSC «PIRAEUS BANK ICB» under the Programme:
► Requirements to Borrower: eligibility criteria for the Borrower you can find here (pdf-file, 167kb, in Ukrainian).
► legal entities of small and medium businesses
► – up to UAH 50 mln
► - UAH
* Compensation interest rate depends on increasing or decreasing number of Client`s staff and might be changed during lending period.
UIRD (3M) + 5%
UIRD (3M) + 6%
UIRD (3M) + 7%
What needs to be done to get refinancing under the Programme?
1. Please check if your company comply with the eligibility criteria here;
2. Submit the Application for participating in the Programme together with the necessary documents;
3. Upon receipt of the bank’s approval sign the credit agreement with the bank.
Information on the State Programme “Affordable Loans 5-7-9%” could be found here link