“Six Ukrainian banks signed a record loan agreement for UAH 21.5 billion under a state guarantee for one of the enterprises of the defense-industrial complex. The funds will be used for the production of military products and the improvement of Ukraine’s defense capabilities. The term of the loan is three years, the preparation of the agreement lasted four months. The banks signed the relevant agreement on December 26, the press service of the National Bank of Ukraine (NBU) reports. 26”, — write on: ua.news
Six Ukrainian banks signed a record loan agreement for UAH 21.5 billion under a state guarantee for one of the enterprises of the defense-industrial complex. The funds will be used for the production of military products and the improvement of Ukraine’s defense capabilities. The term of the loan is three years, the preparation of the agreement lasted four months. The banks signed the corresponding agreement on December 26. informs press service of the National Bank of Ukraine (NBU).
On December 26, six state and private banks of Ukraine signed the largest credit consortium agreement in the history of the financial market for the amount of UAH 21.5 billion. The loan is provided under a state guarantee, and the state bank acted as the organizing bank.
The National Bank noted: “The raised funds will be directed to the production of goods for military purposes. The implementation of this agreement is an important contribution of the banking sector to the improvement of Ukraine’s defense capabilities, the development of the domestic defense industry, and the reduction of dependence on the import of weapons.”
The borrower was not disclosed, clarifying only that it is one of the enterprises of the defense-industrial complex. Defense Minister Denys Shmyhal added that the loan agreement took four months to prepare.
Experts note that such cooperation between banks and the state can significantly accelerate the development of defense industries and strengthen the country’s internal security, especially in conditions of armed conflict.
Read us on Telegram and Sends
