Business news from Ukraine

‘WARM LOANS’ PROGRAM IN JULY 2017 ATTRACTS 4-TIMES MORE CUSTOMERS YEAR-ON-YEAR – PM

14 August , 2017  

KYIV. Aug 14 (Interfax-Ukraine) – Some 86 multi-apartment building co-owners associations and cooperative housing societies have benefited from the public program to partially compensate the cost of loans for modernization of heating efficiency and increase of energy efficiency in the Ukrainian housing sector (the ‘warm loans’ program) to the tune on UAH 29.1 million in July 2017, which is four times more than over a similar period of 2016, Prime Minister of Ukraine Volodymyr Groysman said.
“The ‘warm loans’ government program allows Ukrainians to save money and the state to become more energy efficient and independent, so more and more Ukrainians decide to use ‘warm loans’. In July, 86 multi-apartment building co-owners associations and cooperative housing societies raised ‘warm loans’ to the tune of UAH 29.1 million. This is four times higher than over the same period in 2016,” Groysman wrote on his Facebook page.
He recalled that the Ukrainian government had recently allocated additional UAH 300 million to finance this program in 2017.