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Business    

Banks ready to boost lending to SMEs, Interfax-Ukraine poll shows
Journal Staff Report

KIEV, MAY 10 – Banks are ready to boost lending to small and medium-sized enterprises, bankers polled by Interfax-Ukraine said.

"I think that now the share of SME in portfolios is small, maybe 20%, but the share will grow. The potential is huge… There is prospect for development in this segment, and banks go there where there is a prospect for development, while the large corporate business would face stagnation," FUIB Board Chairman Serhiy Chernenko said.

"Work with small enterprises is becoming attractive for banks. Today some 15-20 banks offer micro-crediting programs for SME, but we expect that gradually the number of these financial institutions and crediting will grow," bank Credit Dnepr Board Chairman Olena Malynska said.




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