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Ukrainian businesses to get cheap loans to restore power systems, NBU says
Journal Staff Report

KYIV, June 26 – Micro, small, medium and large enterprises will be able to attract investment loans in the amount of EUR 0.5-25 million for the implementation of innovative solutions in the energy sector for a period of five-seven years at a discount rate (currently 13% per annum), a corresponding memorandum on the sidelines of the banking forum of the Economichna Pravda publication on Tuesday was signed by 17 Ukrainian banks, which account for 83% of all assets.

"This, if you like, is a kind of prototype of an energy banking consortium. They agree on the appropriate framework, conditions, directions in which they will support the energy sector," governor of the National Bank of Ukraine (NBU) Andriy Pyshnyy said at the forum.




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