Business news from Ukraine

Business news from Ukraine

PRIVATBANK AND UKRGASBANK RESUME CREDITING TO SUPPORT HOUSING ENERGY EFFICIENCY

12 August , 2019  

The State Agency of Ukraine on Energy Efficiency and Energy Saving has signed supplement agreements on cooperation with PrivatBank and Ukrgasbank under the program of “warm credits” issued to individuals for energy-efficient modernization.
“The State Agency of Ukraine on Energy Efficiency and Energy Saving signed supplement agreements with PrivatBank and Ukrgasbank on co-investment of government-issued UAH 380 million for heating,” a press service of the agency said.
It will make possible for 3,000 associations of multi-apartment block co-owners, and that is over 230,000 families, to use these loans.
As reported, in June 2019 Cabinet of Ministers additionally issued UAH 380.6 million for “warm loans” program for the associations of multi-apartment block co-owners.
Previously PrivatBank reached ceiling on issue of loans to the multi-apartment block co-owners, Oschadbank and Ukrgasbank run out of issue of loans for private households.