According to information from the Ministry of Finance, in 2024, state-owned Oschadbank, Ukreximbank, Ukrgasbank, and PUMB provided 11 loans under state guarantees to enterprises in the defense-industrial complex (DIC) under the Program for Strengthening the State’s Defense Capabilities and Meeting the Urgent Needs of the Armed Forces of Ukraine.
According to the information, Oschadbank became the largest lender, issuing six loans worth UAH 9.86 billion and participating in a consortium loan together with Ukrgasbank and PUMB worth UAH 2.38 billion.
In turn, Ukreximbank provided four loans totaling UAH 8.25 billion.
According to the Ministry of Finance, in 2023, only two loans were provided under state guarantees under the Program for Strengthening the State’s Defense Capabilities: Oschadbank for UAH 6.09 billion and Ukreximbank for UAH 5.98 billion.
As reported to Interfax-Ukraine by Oschadbank, since the start of the full-scale war, the bank has participated in lending to defense industry enterprises in the amount of over UAH 17.1 billion.
“Oschadbank has historically lent to state-owned defense industry companies, so we know better than anyone how difficult it was to simplify access to bank loans for privately owned defense companies and how important this is for the development of the industry,” said Yuriy Katsion, deputy chairman of the board of Oschadbank, responsible for corporate business.
