Two state banks will distribute 35 million euros from EIB for Ukrainian businesses.

The government supports access to credit for businesses

Prime Minister of Ukraine Denys Shmyhal announced that the government has made important decisions regarding the availability of credit for businesses. His words emphasize that obtaining preferential loans for small and medium enterprises is an important aspect of state support.

Access to preferential loans for small and medium businesses is another key element of state support

According to government decisions, the European Investment Bank will provide up to 20,000 euros to support loans through the state-owned 'PrivatBank', as well as up to 15 million euros through 'Ukreximbank'. This will allow entrepreneurs to have resources for development and investment.

Thus, we provide our entrepreneurs with opportunities for growth, investment, and strengthening their positions

The government also supports entrepreneurship through state grants. The eRobota program has allocated over 25,000 microgrants for business development, which will lead to the creation of over 46,000 new jobs. Furthermore, veterans and their families will receive about 1,600 grants.

Analysis

Supporting small and medium enterprises in times of economic crisis is crucial for their survival and further development. Ensuring access to financial resources contributes to business growth, the creation of new jobs, and supports the economy of the country as a whole.