OREANDA-NEWS. September 24, 2008. Within SME microfinancing, Megabank lent UAH21 mln. for the needs of small and middle-sized businesses, reported the press-centre of Megabank.

With Megabank's microfinancing program, small and middle-sized firms can apply for Express loans, no collateral required, up to USD15,000 or equivalent (UAH, Hryvnia), and Microloans, with a repayment term of 5yrs, up to USD300 thousand. To get a decision, allow the bank 1-3 days to assess your business. The eligible business age is from 3 (trade) or 6 months (services and manufacturing).

Today Megabank delivers microfinance solutions through its 10 outlets (3 in Kharkiv Oblast, and one out of the remaining is based in Crimean region, City of Dnipropetrivsk, Vinnytsia, Lviv, Zhytomyr, Kyiv and Chernihiv). Until the end of this year, Meagbank will open another four microfinance outlets in Town of Lozova, Town of Balakliya in Kharkiv Oblast, as well as in Zaporizhia and Odesa.