24 February 2022
PeerBerry suspends loans from Ukraine and Russia
Due to the conflict between Russia and Ukraine, from now on, no loans from Russia and Ukraine will be listed on the PeerBerry platform, and only repayments will be implemented for investments in Russian and Ukrainian loans under the timeframes set in the agreements. The supply of loans from other countries remains as usual.
Please note, that our business partners were preparing for this situation for quite a time. Our partners have accumulated significant reserves in banks in the EU. Portfolios of our Ukrainian and Russian partners are 3 times higher than the amounts they need to return to our investors.
We will keep you updated about developments in Ukraine.
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Your PeerBerry team