The Cabinet has allocated Fund loan in the amount of almost 8 billion hryvnias

Кабмин выделил ФГВФЛ кредит в сумме почти 8 млрд гривен

A meeting of the Cabinet of Ministers of Ukraine. Archival photo.

The Cabinet of Ministers of Ukraine has allocated the Fund of guaranteeing the deposits of individuals loan in the amount of UAH 7.9 billion. This speech in the relevant resolution of the government No. 1003.

“To establish that the Ministry of Finance to provide a loan guarantee Fund of individuals’ deposits has been issuing internal state loan bonds in the amount of 7 941 000 000 UAH with a maturity of up to 15 years and interest rate of income to 10% per annum in exchange for the notes issued by the Fund on the same terms, the payment of interest on the notes together with payment of bills,” reads the document.

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We will remind, the Fund looks forward to the adoption of the Verkhovna Rada of the draft law on the protection of the deceived investors of banks.

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