OREANDA-NEWS. September 17, 2008. By the end of 2008, Megabank will have four microfinance outlets opened in Lozova, Balakliya in Kharkiv Oblast, Zaporizhia and Odessa, reported the press-centre of Megabank.

Those outlets will operate as part of Bank’s existing branches. 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.

Allow the Bank 1-3 days for the loan acceptance procedure, based upon business appraisal. Pertinent business age is of at least 3 months (trade) or 6 months (servicing/manufacturing).

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.