AUB News

European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine

On February 27, the Association of Ukrainian Banks (AUB) held a meeting dedicated to lending to small and medium-sized enterprises (SMEs). The event was attended by representatives of 50 banks and financial companies, as well as Member of the European Parliament Damian Bezelager and Chairman of the Board of the Entrepreneurship Development Fund Andriy Gapon.

20240227_151019 European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine | Асоціація українських банків

The main topic of the meeting was the discussion of the allocation of 50 billion euros of macro-financial assistance from the European Union to Ukraine. The participants of the meeting actively discussed the issue of allocation and use of these funds, in particular, the involvement of Ukrainian banks for lending to SMEs. One of the key moments of the meeting was an online meeting with the member of the European Parliament, Damian Bezelager.

One of the priority goals to which the funds will be directed is the support of SMEs. The meeting participants emphasized the importance of international cooperation and the critical role of financial institutions in restoring and supporting the Ukrainian economy. Special attention was paid to the 5-7-9 lending program for SMEs and the need to increase financial support to stimulate the economic recovery of Ukraine. Bankers and financiers discussed possible mechanisms and instruments that can be used for lending to SMEs, as well as the expansion and improvement of the "5-7-9" preferential lending program. The Chairman of the Board of the Fund for the Development of Entrepreneurship Andriy Gapon shared his experience and current programs of the fund, including the implementation of the state preferential lending program "5-7-9", which is implemented by the Fund.

Members of the Association, together with representatives of the European Parliament and the Entrepreneurship Development Fund, agreed to form a comprehensive action plan and continue the discussion on the restoration of business lending at the next meeting of the AUB. It was emphasized that extensive bank lending to businesses will help SMEs gain access to the necessary financial resources and stimulate the development of the Ukrainian economy.

President of the Association of Ukrainian Banks Andriy Dubas emphasized the importance of such meetings and thanked all participants for their active participation and constructive dialogue, which will contribute to the development of new products and programs to support the Ukrainian economy. </p style="text-align: justify;"> p>

20240227_152559 European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine | Асоціація українських банків
20240227_151342 European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine | Асоціація українських банків
20240227_150532 European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine | Асоціація українських банків
20240227_150402 European Billions for Ukrainian Business: UABIO members together with representatives of the Entrepreneurship Development Fund and the European Parliament discussed ways to stimulate the development of small and medium-sized enterprises in Ukraine | Асоціація українських банків

Subscribe to our newsletter

aub logo white 70

 

The mission of the Association of Ukrainian Banks is to support the development of the national banking system. The AUB cooperates with the Verkhovna Rada of Ukraine on improving the legislation governing banking activities, and interacts with the National Bank of Ukraine on regulatory support for the functioning of banks and non-bank financial institutions. The CBA takes care of the professional development of bank employees, expands international relations with associations and banking institutions of other countries.

 

Contacts

    Address:
str. Yevhena Sverstyuka,
15 Kyiv 02002 Ukraine


   Email :
secret@aub.org.ua


    Phones:
+380 (44) 516-8775

Subscribe to our newsletter