Business news from Ukraine

BANKS ISSUE LOANS WORTH UAH 428.8 MLN UNDER STATE ENERGY SAVING PROGRAM – ENERGY EFFICIENCY AGENCY

9 September , 2015  

KYIV. Sept 9 (Interfax-Ukraine) – Banks participating in the state program of partial compensation for the cost of loans for thermal modernization and measures to improve energy efficiency in the residential sector in Ukraine have since the beginning of its implementation last year, and as of September 7, 2015, issued 25,434 loans totaling UAH 428.8 million.

According to the State Agency on Energy Efficiency and Energy Saving of Ukraine, during the period from September 1 to September 7 banks had issued loans for UAH 39.3 million.

As reported, with reference to the energy efficiency agency, as of August 31, 2015 the banks participating in the program had provided 23,107 loans totaling UAH 389.5 million.

According to the agency, by the middle of August 2015 the members of the state program were in particular state-controlled Oschadbank, Ukreximbank and Ukrgasbank, which issued loans at 25% per annum.