The number of loans issued by state-owned Ukrgasbank (Kyiv) increased by 22% in 2021, the bank’s press service reported.
According to the report, the bank’s loan portfolio increased by UAH 7 billion last year.
“In 2021, more than 300 eco-loans worth UAH 2 billion were issued, which ensured a reduction in CO2 emissions by 140,000 tonnes. Among them, about UAH 500 million are sustainable development projects,” Andriy Kravets, the head of the bank’s board of directors, said.
Ukrgasbank was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.
According to the data of the National Bank of Ukraine (NBU), as of October 1, 2021, Ukrgasbank ranked fifth in terms of total assets (UAH 121.19 billion) among 71 banks operating in the country.