OREANDA-NEWS. February 26, 2008. The Credit Agreement for the sum of 1 million euro for 5 years was signed between JSC "Megabank" and the German-Ukrainian Fund within the bounds of the joint program of crediting. The joint program of crediting presupposes opening credits for natural persons-enterprisers and enterprises of small and medium size, reported the press-centre of Megabank.

The received credit funds within the bounds of the program can be used by the Borrower as for purchasing basic assets (production equipment, automobile transport, technics of the real estate objects, so forth) as for replenishing of circulating funds. The crediting according to the above-mentioned program presupposes profitable and convenient conditions for strengthening the competitiveness and development of the Borrower’s business.

Reference: The German-Ukrainian Fund (GUF) was founded in accordance with the Resolution of the Cabinet of Ministers of Ukraine № 528 dd. 19.04.1999. The main objective of the GUF activities is strengthening the competitiveness and development of small and medium size enterprises.

The funds of NUF are directed exclusively for crediting private small and micro-enterprises through opening credits via the authorized banks-participants to finance investments and circulating funds according to the confirmed criteria of micro-crediting.