The European Investment Bank gives Ukraine the next loan under the support program.
The Ministry of Finance has borrowed 400 million euros for banks and medium business from the European Investment Bank, as it is said by the official press, UNIAN reports.
These funds will be also allocated for supporting the development of the private sector of economy, the projects of mid-cap companies and social and economic infrastructure. In particular, they will develop the energy efficiency and adaptation to climate changes, the edition noted.
Companies can obtain loans, amounting from 25 to 50 million euros, depending on the quantity of employees. It is emphasized that the companies with the number of employees from 250 to 3 ths persons can participate in the funds allocation program.
Ukreximbank will be the agent of the Ministry of Finance on distribution of the loan .
EIB will provide funds under the bank program for supporting small and medium business.
The Verkhovna Rada ratified it on July 15, 2015, but the organization of fulfilling the agreement was initiated this March.
