The international delegation, headed by Ana Lucía Bueno, ICRC Public Health Coordinator, and Sujit Panda, Head of the Physical Rehabilitation…
Six state-owned and private banks have concluded the largest consortium agreement in the history of Ukraine’s financial market to provide lending to the defense-industrial complex in the amount of UAH 21.5 billion for a three-year term under state guarantees.
This was announced by Ukraine’s Minister of Defense Denys Shmyhal.
The largest consortium agreement on the market
According to the Minister of Defense, this is an unprecedented decision for Ukraine: six banks pooled their resources at once to create an effective mechanism for long-term financing of the defense industry. Work on the agreement lasted more than four months and included negotiations between the Ministry of Defense, the National Bank of Ukraine, and commercial financial institutions.
Scaling production and faster armament of the Armed Forces
The obtained financing opens opportunities for Ukrainian weapons manufacturers to scale and modernize production. The key effect is the acceleration of the supply of necessary weapons and equipment to the Defense Forces.
The Ministry of Defense reminded that the state already supports private defense enterprises with preferential loans: in an incomplete 2025 alone, they attracted nearly UAH 5 billion. Separately, drone and electronic warfare manufacturers were allowed to include loan interest in the cost of production.
Financial backbone for Defense
The Minister of Defense noted that in 2026, opportunities for Ukraine’s defense-industrial complex will become even greater. He thanked the members of the consortium for their solidarity and responsible stance, emphasizing that financing Ukrainian arms manufacturers is one of the key elements of the state’s resilience during the war.
The main priority remains unchanged — more Ukrainian-made weapons and equipment for the defenders of Ukraine.
