Relocated enterprises will be able to extend their loans

As reported by the Ministry of Reintegration press service, the Government has adopted a resolution "On Amending the Procedure for Providing Financial State Support to Business Entities."

This concerns enterprises that have received state support under the "Affordable Loans 5-7-9%" program. The possibility to extend loans is provided to enterprises that, as of February 24, 2022, were located in:

• territories of active hostilities (for which an end date of hostilities has not been determined);
• territories of active hostilities where state electronic information resources operate (for which an end date of hostilities has not been determined);
• temporarily occupied territories (for which a date of the end of temporary occupation has not been determined).

"This will help relocated enterprises to recover and in the future repay the extended loans. This, in turn, will contribute to the development of small and medium-sized businesses," as stated by the Ministry of Reintegration.