Business news from Ukraine

Business news from Ukraine

Ukrainians received 1 thousand loans for 1.3 bln UAH under program “єOselya”

Ukrainians have already received 1 thousand loans totaling 1.3 billion UAH under the state program of affordable mortgages “єОsela”, said Deputy Minister of Economy Alexander Griban.
“Already 1 thousand loans for 1.3 billion UAH have been issued. It’s not much in principle, but it’s a start,” he said at the Architecture and Construction Business Forum in Kiev on Thursday.
As the coordinator of the program the company “Ukrfinjitlo” in a press release said 835 of the 1017 soft loans were given to servicemen and security forces, 93 – to doctors, 78 – teachers, 11 – academics.
According to her, since the beginning of May the partner banks issued 57 loans worth UAH 83.5 million.
The program of affordable mortgages “єOsela” has been working since October of last year. Concessional mortgage at 3% per annum is available for military servicemen, security and defense employees, medical workers, teachers and research workers.
According to the Ministry of Economy, this year there are plans to increase the list of categories of people who can receive a loan for their own homes. They will be able to take credit for the purchase of housing at 7% per annum. The government expects to make this program permanent.
The coordinator of the state program of affordable mortgage lending for citizens “єOsel” is the state “Ukrainian Housing Finance Company” (“Ukrfinjitlo”).

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