Joint program with the Kyiv Regional State Administration

Our Bank has entered into an agreement on joining the joint program of the Entrepreneurship Development Fund with the Kyiv Regional State Administration (KRSA), which provides for additional compensation of interest on investment loans under the program ‘Affordable Loans 5-7-9%’, namely, reduction of the compensation interest rate under such loan agreements to the level of 0 (zero) % per annum

Who qualifies to use it?

Micro, small or medium-sized businesses (legal entities or individual entrepreneurs) registered in Kyiv region.
Participants of the Affordable Loans 5-7-9% program with a loan agreement with an authorised bank.
The business must create, preserve or restore jobs during martial law.

Why is it beneficial?

Low interest rates - instead of 5-9%, you pay 0%.
Government support during war - the government and the region help to preserve business.
Priority for companies that:
- create or retain jobs,
- increase their payroll,
- employ veterans,
- implement energy-efficient technologies.

Main parameters:

Funding amount:

up to UAH 60 million for small, including micro and medium-sized enterprises
up to UAH 90 million for agricultural producers;
up to UAH 150 million for business entities that
- carry out activities in the processing industry according to all KVED of Section C of the National Classifier of Ukraine;
- provide energy services to improve energy efficiency;
- receive a loan to finance the reconstruction of fixed assets destroyed as a result of military aggression;
- carry out economic activities in the area of high military risk.

Compensation interest rate:

Participants of the program receive a reduced interest rate of up to 0% per annum for loans with a base rate of 5% to 9% per annum under the government's 5-7-9% program.
Compensation is accrued quarterly, subject to registration within the respective MSME Register.

Compensation amount:

Interest compensation is provided at the expense of the regional budget of the Kyiv region through the Entrepreneurship Development Fund (EDF) during the budget year within the approved annual allocations.