KIEV, July 18 – The German-Ukrainian Fund (GUF) is launching a pilot program for lending to micro, small- and medium-sized businesses (MSMB) in Ukraine's priority industries at a limited interest rate, according to the National Bank of Ukraine.
"The pilot program is aimed at supporting the financing of investment projects of MSMBs in certain priority branches of Ukraine's economy through Ukrainian banks that have partner status and meet the GUF's acceptance criteria… The maximum period for financing under the pilot program is five years, and the sum of a credit cannot exceed an amount equivalent to EUR 100,000," reads the report.
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