OREANDA-NEWS. September 09, 2008. New microfinance outlets, as part of Bank’s Kyiv-based Affiliated Branch and Chernihiv-based Central Regional Branch, are functioning, reported the press-centre of Megabank.

For small business, Megabank offers unsecured Express loans, up to USD10,000 or equivalent in other currencies (UAH, Euro), and Microloans, with the repayment period of 5yrs, up to USD300,000.

Bank requires 1-3 days for the loan acceptance procedure, based upon business appraisal. For trade or servicing/manufacturing, pertinent business age is of at least 3 months or 6 months respectively.

For the time being, Megabank has 10 microfinance outlets: 3 of them in Kharkiv, and each remaining one in Crimea, Dnipropetrivsk, Vinnytsia, Lviv , Zhytomyr, Kyiv, Chernihiv.