Business news from Ukraine

STATE-CONTROLLED UKRAINIAN BANKS JOIN ISSUING ENERGY EFFICIENCY FINANCING FOR POPULATION

17 April , 2020  

State-controlled Oschadbank and Ukreximbank (Kyiv) have signed an agreement on cooperation with the State Agency of Ukraine on Energy Efficiency and Energy Saving under the program of energy efficiency financing for the population in 2020.
According to a statement on the website of Ukreximbank, the financial institution will provide energy efficiency financing for individuals for energy efficient measures in private houses with the possibility of receiving compensation for 35% of the loan amount, but not more than UAH 14,000.
In order to obtain advice from a loan specialist and determine the time of a visit to a bank office, individuals need to contact the nearest office of the financial institution by telephone in advance. Such measures have been taken to prevent the spread of coronavirus (COVID-19) and minimize contacts between citizens during the quarantine period, the bank said in the statement.
According to the agency’s statement on its Facebook page on Thursday, April 16, Oschadbank will provide energy efficiency financing to individuals for the purchase of gas boilers with solid fuel, energy efficient materials and equipment for private houses, as well as for associations of multi-apartment block co-owners for the introduction of energy-efficient measures multi-apartment buildings.

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