KYIV, Feb 19 - PrivatBank, Ukraine’s largest bank, cut basic interest rates for all programs for lending to entrepreneurs and small businesses by 2-3 percentage points (p.p.) beginning from February 14, the bank reported.
The press service of the bank told Interfax-Ukraine that the interest rate under the KUB (Country of Successful Business) program was cut by 2 p.p. to 18% per annum, rates on the Entrepreneurial and the Credit Line on the Account credit lines – by 3 p.p. to 27% and 18%, respectively.
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