Ukrainian businesses have received a further 3.7 billion hryvnia in loans backed by state guarantees
This was announced by the Ministry of Finance of Ukraine.
State guarantees help entrepreneurs secure loans from banks. Put simply, the state assumes part of the risk associated with such loans so that banks are more willing to finance businesses.
This is particularly important for small and medium-sized enterprises, which find it more difficult during the war to raise funds for operations, procurement, production, logistics or development.
How many loans were granted
In May 2026, banks concluded 569 loan agreements totalling 3.7 billion UAH.
Since the state guarantee scheme came into effect in December 2020, businesses have received 57,932 loans totalling 205.4 billion hryvnias.
During the period of martial law, entrepreneurs received 52,707 such loans totalling 194.8 billion hryvnias.
How many loans are currently being serviced
As at 1 June 2026, 30 banks are servicing 20,319 loans totalling 84.2 billion hryvnias.
Principal debt obligations partially secured by state guarantees amounted to nearly 37.6 billion UAH. This represents 62% of the total limit of current guarantees, which stands at 60.4 billion UAH.
Which banks have issued the most loans
PrivatBank services the largest number of such loans — 12,818 loans totalling 22.8 billion UAH.
Oschadbank services 3,165 loans totalling 13.3 billion hryvnias, PUMB — 765 loans totalling 10.2 billion hryvnias, and Ukrgasbank — 546 loans totalling 9.8 billion hryvnias.
Ukreximbank, which is also an agent for the state portfolio guarantee programme, manages 811 loans totalling 9 billion UAH.
Which regions have seen the highest uptake
The largest volume of such loans is being serviced in Kyiv — 2,450 loans totalling 12.6 billion UAH.
Among the regions, Dnipropetrovsk Oblast leads the way with 1,815 loans totalling 6.7 billion UAH, followed by Kharkiv Oblast with 988 loans totalling 6.5 billion UAH, and Lviv Oblast with 1,541 loans totalling 6.2 billion UAH.
In the Kyiv region, 1,295 loans totalling 5.3 billion hryvnias are being serviced, whilst in the Odesa region, 1,331 loans totalling 4.9 billion hryvnias are being serviced.
Which sectors are receiving support
The manufacturing sector received the largest number of loans by value — 5,159 loans totalling 29.9 billion UAH.
Agriculture received 3,304 loans totalling 24.3 billion UAH.
Wholesale and retail trade, as well as vehicle repair, account for 8,200 loans totalling 20.8 billion hryvnias.
Loans were also granted to transport companies, warehousing businesses, postal and courier services, construction companies and enterprises in the energy sector.
Loans for small and medium-sized businesses affect more than just entrepreneurs. They help companies to operate, retain jobs, and pay wages and taxes.
For consumers, this means that shops, manufacturers, farmers, transport companies and other businesses are more likely to continue operating even during the war.
The Ministry of Finance states that it is continuing to develop affordable financing tools for Ukrainian businesses during this full-scale war.
State portfolio guarantees remain one of the mechanisms that allow banks to lend to entrepreneurs with lower risks.
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