KYIV. Sept 29 (Interfax-Ukraine) – State-run Ukreximbank (Kyiv) has entered the Global Energy Efficiency Financing Alliance which unites 70 financial organizations from 20 countries.
The bank said in a press release that the decision to create the alliance was made at the forum “Building a Global Energy Efficiency Financing Alliance” held on September 16 and September 17 in Istanbul (Turkey) under the aegis of the European Bank for Reconstruction and Development (EBRD) in partnership with the United Nations Environment Program Finance Initiative (UNEPFI).
The alliance passed a joint declaration to enhance financing of investment in increasing energy efficiency and the development of sustainable energy.
At the forum, Ukreximbank reached several agreements on further technical and consultation cooperation with the alliance members and on the mobilization of resources of international financial institutions and foreign banks to enhance financial support of medium and long-term Ukrainian investment projects in the sustainable energy sector.
Board member Oleksandr Schur said that the bank plans to support hydrocarbon-free economic development jointly with alliance members.
Ukreximbank was founded in 1992. Its sole owner is the state.
The bank ranked third among 127 banks operating in the country on July 1, 2015 by total assets (UAH 144.551 billion), according to the National Bank of Ukraine.
