OREANDA-NEWS. January 27, 2010. In 2009  MEGABANK,PJSC did not suspend the work on lending to small and medium businesses. The loan portfolio of this client category as of January 1, 2010 is UAH 23,5 million. On micro-crediting program of EBRD last year about 3 thousand applications were reviewed. About this informed the head of micro-crediting division of MEGABANK,PJSC Oleg Gaber, reported the press-centre of MEGABANK.
 
According to his words the share of loans, granted to entrepreneurs, whose business is connected with services is 46,9%, trade – 39,3%, production – 13,0%, share of agro loans – 0,8%. The major part of these loan projects were financed for acquisition of fixed assets (54,9%). For replenishment of working capital 21,5% loans were issued.

О.Gaber said that last year the bank  has made more tough the criteria for selection of potential borrowers. The decisions about issue of a loan were taken basing upon the estimate of the current business of the client. 
     
О.Gaber mentioned that in 2010 the bank keeps on the program of micro-crediting the business. The loans on this program are offered for the amount of UAH 2 million for the term of 12 months (if the working capital is financed) or up to 36 months (for acquisition of fixed assets). The security of loan repayment can be the movable or real estate of the client or third persons.    
 
Reference. Main credit products, which the bank offers:
- "Microcredit";
- "Business – auto";
- "Business – real estate";
- "Micro – agrocredit". 

The subjects of small and medium business are individuals, duly registered as entrepreneurs, and legal entities (small and medium enterprises, which are such in line with Economy code of Ukraine and duly registered), as well as organizations with staff (hired by the entrepreneur) up to 100 persons.