Ukraine has received 400 million euros for business development

Украина получила 400 млн евро для развития бизнеса

Ukraine has received a loan for the development of small and medium business

Loan on development of business of Ukraine gave the European investment Bank.

The European investment Bank has granted Ukraine a loan of 400 million euros for development of small and medium-sized businesses. On Thursday, October 5, reported the press service of the Ministry of Finance of Ukraine.

It is noted that on 5 October 2017, agreements were signed with the Bank and Ukrgasbank, making the loan funds will be used to Finance investment and small business needs in working capital.

Lending is for five years with the possibility of further extending the period of use of credit resources of the EIB.

Money the EIB will help to diversify the sources of economic growth of Ukraine and create new jobs, will contribute to improving the business climate and also help Ukrainian SMEs to enter the EU market.

We will remind, earlier the European investment Bank has granted Ukraine EUR 400 million loan for development of infrastructure of housing and communal services.