Financial sector news

Support and financing of business is a priority for TASKOMBANK

29 November 2023 Hits: 78

Source: TASKOMBANK

TASKOMBANK became the leader among Ukrainian banks in terms of the relative growth of the SME loan portfolio within 9 months. This is reported by the bank's press service. The bank noted that continues to lend business, supporting the development and scaling of Ukrainian entrepreneurship, because today lending is a financial service that has the greatest demand among entrepreneurs.

The portfolio increased by 51.9%. These are the results of the SME Banking Agency's analytical report on lending to small and medium-sized businesses in Ukraine for 9 months of 2023. In addition, according to research, the total loan portfolio of SMEs in Ukrainian banks continued to grow in the 3rd quarter and reached UAH 158 billion as of October 1.

2911_oleg_polyak Support and financing of business is a priority for TASKOMBANK | Асоціація українських банків

"Support and financing of business is a priority task of TASKOMBANK. We work hard to make our products affordable and effective for our consumers. Today, we have good results of our work, increasing the loan portfolio of SMEs. Studying the requests of representatives of this direction, we observe an increased demand for the following types of lending: overdraft, factoring, leasing, state lending programs, lending under a simplified procedure without collateral. The bank is ready to satisfy all current requests for these products," Oleg Polyak, Deputy Chairman of the Board of TASKOMBANK, commented on the results of the SME sector.

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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.

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