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    3. Ministry of Economy Prepares Loans at 10% for Large Businesses

    Ministry of Economy Prepares Loans at 10% for Large Businesses

    By: rootdata|2026/08/12 09:27:07
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    In Ukraine, a program is being developed that allows large businesses to obtain loans at an annual interest rate of 10% for recovery purposes. The changes will extend state support to companies of any size. Deputy Minister Vitaly Kindratov reported that the program is still being refined. Economic Minister's advisor Andrey Telyupa noted that the changes were developed in collaboration with representatives from the fuel industry and retail. It is proposed to expand the scope of government resolution No. 594 to all types of businesses. The existing mechanism provides for compensation of part of the interest rate on loans for the construction of new generating capacities if the rate exceeds 10%. Representatives of the fuel market suggest using the new mechanism for the reconstruction of oil depots and the construction of underground storage tanks for fuel. President of the Oil and Gas Association of Ukraine Yaroslav Starovoytenko estimated that the reconstruction of one oil depot with underground tanks of 4,000 cubic meters requires about 2,000,000 dollars or up to 100,000,000 hryvnias. The association proposes loans of up to 100,000,000 hryvnias at an annual interest rate of 10% for a term of up to five years. Changes to the program are still being prepared and have not yet been approved. Large companies affected by Russian attacks will be able to attract preferential loans under the '5-7-9%' program on par with small and medium-sized businesses.

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