Ukraine Approved Procedure for Fees for Loans by State Guarantees
OREANDA-NEWS. March 23, 2011. The Government has approved the procedure for establishing fees for loans involved by the state or government guarantees. The decree of the Cabinet of Ministers of Ukraine, developed by the Ministry of Economic Development and Trade of Ukraine, adopted at the Government session.
The adopted document will provide establishing the universal approach to setting fees for receiving loans, involved state or government guarantees, based on risk assessment if a warranty (no return credit), adequacy of security, borrower's financial condition and more.
The amount of payment fixed by the Government of Ukraine on the basis of calculations of the Ministry of Finance taking into account the proposals of the Ministry of Economic Development and Trade and/or public authority, to the administration of which belongs to the borrower.
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