Portfolio-Based State Guarantees Supporting Micro, Small, and Medium Enterprises (#MSMEs)
A recent report reveals that portfolio-based state guarantees continue to back micro, small, and medium-sized enterprises in Ukraine. In May 2023 alone, 569 loan agreements were signed, amounting to 3.7 billion hryvnias in guaranteed credit. Since the onset of the full-scale war, entrepreneurs have secured 52,707 loans totaling 194.8 billion hryvnias.
Since December 2020, Ukraine has issued 57,932 loans worth 205.4 billion hryvnias. As of June 1, 2026, 30 lending banks are managing 20,319 loans valued at 84.2 billion hryvnias.
“The Ministry of Finance continues to work on developing accessible financing tools for businesses,” the ministry stated.
Active Government Support
These figures highlight the government's proactive role amid economic hardships caused by the war. Portfolio-based state guarantees serve as a vital mechanism to ensure financial stability for micro, small, and medium enterprises, which form the backbone of Ukraine's economy.
Sustaining such initiatives could prove crucial for economic recovery after hostilities cease and for stabilizing the business environment.
In light of the ongoing support for Ukrainian businesses, it's noteworthy that just recently, entrepreneurs secured a staggering amount of 4.2 billion UAH in loans within a single week. This surge in financing reflects the effectiveness of government initiatives aimed at stabilizing the economy during these challenging times. For a closer look at this remarkable achievement and its implications for the business landscape, check out the details in our coverage of the record-breaking loans secured by businesses.