Support Project for Exporters Launched in Ukraine

Oschadbank and the Export Credit Agency have launched a program to support exporters. The purpose of this program is to stimulate the export of goods and services from Ukraine, as well as to increase their competitiveness in the world. In accordance with the terms of the program, exporters will be able to receive up to 85% of the amount of the foreign economic contract.

Support will be provided within the framework of the state program 5-7-9%. This program was significantly revised and expanded after the introduction of martial law. According to representatives of Oschadbank, the program is able to cover up to 90% of the needs of customers. It can be used to purchase fixed assets, as working capital, etc. It is important that the funds can be used to purchase quality goods from companies that are partners of Oschadbank.

In accordance with the terms of the program, companies that operate in the agricultural sector can receive a preferential loan with reduced rates. Besides, there is a simplified procedure for replenishment of working capital, as well as for the purchase of equipment.