The loan portfolio of entrepreneurs and small and medium-sized businesses (SMEs) of state-owned Ukrgasbank (Kyiv) in the first quarter of 2021 increased by UAH 1.4 billion, or by 17.5%, to UAH 8 billion, the bank’s press service said on Thursday.
According to the report, the increase in the portfolio is due to the active participation of the bank in the state program Affordable Loans 5-7-9%” and new business lending programs. In particular, as of early April, Ukrgasbank’s portfolio of affordable loans is UAH 2 billion, including UAH 1.2 billion of loans for investment purposes.
The press service said that in the first week of April, the bank increased its portfolio of energy efficiency (warm) loans by UAH 14.6 million, or 7.3%, to UAH 200 million. At the same time, the number of such loans increased by 371, or by 2.8%, to 13,310.
According to the National Bank of Ukraine, as of January 1, 2021, Ukrgasbank in terms of total assets (UAH 151.403 billion) ranked fourth among 73 banks operating in the country.
