The state-owned Ukrgasbank (Kyiv) has granted Zaporizhia a loan of UAH 300 million for the creation of distributed energy generation facilities and other energy-saving measures, according to a statement posted on its website on Monday.
The bank told the Interfax-Ukraine news agency that the loan is for a period of seven years.
According to a statement on the bank’s website, the funds will be used to build distributed energy generation facilities in the city and implement energy-saving measures at key critical infrastructure facilities.
It is also noted that the loan, which will be received by municipal enterprises and institutions of the city, will enable them to ensure their own electricity production for technological and domestic needs, to function stably during power outages, to power critical infrastructure facilities and social institutions, and to use the heat energy produced for the needs of residents within the created energy islands.
According to Boris Rozsokha, deputy director of the economic development department of the Zaporizhzhia City Council and head of the energy management and investment department, whose words are quoted in the report, the use of cogeneration plants will ensure more efficient use of fuel, reduce carbon and other harmful emissions into the atmosphere, and will also minimize losses inherent in traditional electricity generation.
As reported, state-owned Ukreximbank, Oschabank, and Ukrgasbank (all based in Kyiv) issued loans ranging from two to five years for approximately UAH 2.04 billion in the equivalent of five city councils at floating rates, including UAH 200 million to the Zaporizhzhia City Council.
The state-owned Ukrgasbank (Kyiv) has provided Lviv with a five-year loan of UAH 650.5 million for repairs to schools, hospitals, streets, and park improvements.
According to the bank’s website on Thursday, the loan will be used to renovate educational, healthcare, cultural, and urban infrastructure facilities.
According to Viktoria Dovzhik, director of the financial policy department of the Lviv City Council, they are consciously taking on long-term commitments for investment in the city.
As specified to Interfax-Ukraine, the loan will be issued for a term of five years, but other terms of the loan are not disclosed.
According to the National Bank of Ukraine, in April 2025, Ukrgasbank ranked fifth (UAH 220.0 billion or 5.9%) among 60 banks operating in the country in terms of total assets.
As reported, in the first quarter of this year, Ukrgasbank issued two loans to Kryvyi Rih for a total amount of UAH 105.5 million for a term of seven years with a grace period of 12 months. The interest rate on the loan of UAH 87.6 million is 14.5% per annum in the first year and, from the second year, a variable UIRD 12M +3% with annual review, but not exceeding 23%. The second loan of UAH 17.9 million is issued at an interest rate of 16% per annum for the first year, which from the second year is UIRD 12M + 3.62% with annual review, but also not exceeding 23%. It was explained that 3.62% is 16% minus the current UIRD 12M at 12.38%.
The state-owned Ukrgasbank (Kyiv) has granted Kryvyi Rih a seven-year loan of UAH 500 million to implement an energy conservation program in the city.
According to a statement posted on the bank’s website on Wednesday, the city will modernize its infrastructure, reduce heat loss, and improve energy efficiency, which should lower heating costs for residents.
According to the first deputy mayor of Kryvyi Rih, Yevhen Udod, a joint project will be implemented in the city, which provides for the modernization of the heating networks of the Kryvorizhteplomerezha municipal enterprise, the replacement of windows in the entrances of 199 residential buildings, and the reconstruction of premises for a new X-ray department at Hospital No. 1.
As specified to Interfax-Ukraine, the loan will be issued for a term of seven years, but other terms of the loan have not been disclosed.
According to the National Bank of Ukraine, in April 2025, Ukrgasbank ranked fifth (UAH 220.0 billion or 5.9%) among 60 banks operating in the country in terms of total assets.
As reported, in the first quarter of this year, Ukrgasbank issued two loans to Kryvyi Rih for a total amount of UAH 105.5 million for a term of seven years with a grace period of 12 months. The interest rate on the loan of UAH 87.6 million is 14.5% per annum in the first year and, from the second year, a variable UIRD 12M +3% with annual review, but not exceeding 23%. The second loan of UAH 17.9 million is issued at an interest rate of 16% per annum for the first year, which from the second year is UIRD 12M + 3.62% with annual review, but also not exceeding 23%. It was explained that 3.62% is 16% minus the current UIRD 12M at 12.38%.
The state-owned Ukrgasbank (Kyiv) has granted two loans to Kryvyi Rih totaling UAH 105.5 million for a term of seven years with a grace period of 12 months, according to information on the website of the Ministry of Finance.
According to the information, the interest rate on the loan of UAH 87.6 million is 14.5% per annum in the first year and, from the second year, a variable UIRD 12M +3% with annual review, but not exceeding 23%.
The second loan of 17.9 million is issued at a rate of 16% per annum for the first year, which from the second year is UIRD 12M + 3.62% with annual review, but also not more than 23%. It is explained that 3.62% is 16% minus the current UIRD 12M at 12.38%.
According to the National Bank of Ukraine, as of March 1, 2025, Ukrgasbank ranked fifth (UAH 217.52 billion) among 60 banks operating in the country in terms of total assets.
As reported, at the end of November last year, Ukrgasbank issued a five-year loan to the city of Dnipro for UAH 100 million with a 12-month grace period at 13.5% in the first year and UIRD 12M +3%, but not more than 23% in subsequent years.
State-owned Oschadbank and Ukrgasbank, together with PUMB, issued a loan of UAH 2.8 billion to a defense industry enterprise in the fourth quarter of 2024 under the Program for Strengthening the State’s Defense Capabilities and Meeting the Urgent Needs of the Armed Forces of Ukraine, according to information on the website of the Ministry of Finance.
As clarified to the Interfax-Ukraine news agency by Oschadbank, the bank acted as the organizer of this consortium loan, which was the first loan to the domestic defense industry.
“As the coordinating bank for this agreement, Oschadbank has set itself the main task of creating a consortium not so much to diversify risks as to set a precedent for involving banks that do not have access to state secrets in the financing of defense industry enterprises,” commented Yuriy Katsion, deputy chairman of the board of Oschadbank, responsible for corporate business.
The shares of the participants in the consortium loan are not disclosed.
As reported, since the start of the full-scale war, Oschadbank has concluded loan agreements to support the defense industry worth over UAH 17.1 billion.
According to the Ministry of Finance, in 2024, the state-owned Oschadbank, Ukreximbank, Ukrgasbank, and PUMB provided 11 loans under state guarantees to defense industry enterprises under the above-mentioned program in the amount of UAH 21 billion. Excluding the consortium, Oschadbank issued six loans worth UAH 9.86 billion, and Ukreximbank issued four loans worth UAH 8.25 billion.
A year earlier, Oschadbank provided a loan worth UAH 6.09 billion under this program, and Ukreximbank provided a loan worth UAH 5.98 billion.
The state-owned Ukrgasbank (Kyiv) has put up for sale via the OpenMarket platform (SE SETAM of the Ministry of Justice) an administrative and production complex at 2-b Kurenivska Street in Obolon district of Kyiv with a starting price of UAH 240.2 million.
According to the press service of SETAM, the lot consists of an administrative building (4.8 thousand square meters), a brick garage (49.8 square meters) and warehouse buildings (15.9 thousand square meters in total). The total area of the complex is 20.9 thousand square meters.
It is noted that the components of the complex are under five arrests in criminal proceedings, and there is a dispute over the ownership. Other restrictions include the bank’s right to use utilities, the absence of contracts for the supply of utilities, including electricity, gas, and water.
The auction based on the Dutch model is scheduled for April 22.
According to the National Bank of Ukraine, Ukrgasbank was ranked fifth in terms of assets (UAH 213.72 billion) among 61 banks at the beginning of this year.
