In 2021 MEGABANK increased its credit portfolio fivefold
In 2021 MEGABANK increased its credit portfolio by UAH 881 mln.
As of January 1, 2022, the total credit portfolio of the bank is UAH 8,132 bn.
Within a year it increased by 881 million hryvnias, which is 509% more compared to 2020.
In particular, 961 million hryvnias were disbursed as loans to small and medium-sized businesses in 2021. The credit portfolio also increased in the microbusiness segment. Compared to 2020, the increase amounted to UAH 97 million (214%).
– According to the Strategy for 2021-2025, the bank financed primarily micro-businesses and SMEs. Among them are enterprises of the agricultural sector, trade and industry. And microbusiness financing is one of the priorities of our bank, which is successfully implemented, – said Olena Ponomarenko, Acting Chairman of the Management Board of MEGABANK JSC.
In addition to classical credit products, small and medium-sized businesses can get affordable short-term unsecured loans from MEGABANK in the form of a credit limit on a current account, loans for investment purposes, loans under government support programs related to the COVID-19 pandemic.
Also representatives of SMEs have access to the entire range of documentary operations, letters of credit, bills avalization, servicing of foreign economic contracts, and others.
Based on the results of 2021, the retail credit portfolio also showed an increase, which is 160% more than in 2020.