Most of the Loans with State Guarantees on the Portfolio Basis Were Issued in the Agricultural Sector

Within the program of support of micro, small and medium enterprises in Ukraine through the instrument of state guarantees on the portfolio basis from December 2020, banks issued 8,613 loans for the total amount of UAH 24.396 billion.

As of May 1, 2022, 23 lending banks are servicing 8,503 loans worth UAH 24.046 billion. 

Liabilities on principal debt partially secured by state guarantees on a portfolio basis amounted to UAH 15.178 billion. It is about 50% of the total limit of guarantees in 2020 (UAH 30.224 billion).

At the same time in April this year, 3,115 loans totaling UAH 13.187 billion were issued with a state guarantee of UAH 10.138 billion.

JSC "Privatbank" is the leader in the number of loans issued with 5,467 loans for a total of UAH 7.481 billion, which is almost 63% of the limit of such guarantees issued by the bank in 2020. JSC "Oschadbank" has the second-largest amount of loans in the portfolio: 1,686 loans for a total amount of UAH 5.219 billion (93% of the limit). 

The biggest demand for the program is in the Odesa region, where 661 loans of a total amount of UAH 2.029 billion were issued. In the Dnipropetrovsk region, there were issued 842 loans (UAH 1.807 billion), and in Kyiv - 482 loans of a UAH 1.641 billion.

The largest number of loans by type of economic activity, partially secured by state guarantees on a portfolio basis, were issued in agriculture (4,328) for UAH 16.452 billion, wholesale and retail trade (2,224) for UAH 3.772 billion, and processing industry (743) for UAH 2.130 billion.