State-owned Oschadbank has provided Eco-Future “Kamianka” LLC with a EUR10.34 million loan for the construction of three solar power plants with a total capacity of 18.322 MW in the Khmelnytskyi region, the financial institution announced on Monday.
Along with the solar power plants, the company plans to install a 50 MW energy storage system. Once commissioned, the complex is expected to generate up to 22,600 MWh of electricity per year.
According to Oschadbank, this is the bank’s largest energy project in terms of financing volume in the micro, small, and medium-sized business (MSME) segment.
“Since the beginning of the year, Oschadbank has financed the construction of solar power plants with a total capacity of 42.6 MW for nearly 850 million UAH,” said Natalia Butkova-Vitvitska, a member of the bank’s management board responsible for the MSME segment.
The facilities will be built by Solar Stalkonstruktsiya LLC, which has been operating in the market since 2012 and has experience implementing over 5 GW of solar energy projects and energy storage systems in 20 countries.
According to the National Bank, as of July 1, 2026, Oschadbank, with total assets of 518.87 billion UAH, ranked second among Ukraine’s 59 banks. The bank’s total loan portfolio grew by 6.7% in the first half of the year, reaching 136.83 billion UAH.
INVESTMENT, Khmelnytskyi region, LOAN, OSCHADBANK, Solar energy
State-owned Oschadbank has put up for auction on the “Prozorro.Sales” platform a claim against ESU LLC, which owns 92.79% of the shares in JSC “Ukrtelecom,” with a starting price of 2.65 billion hryvnia, the bank announced on Friday.
The claim arose under a securities purchase agreement dated April 25, 2013, under which Oschadbank acquired 2 million bonds of ESU LLC with a total par value of 2 billion UAH.
The auction is scheduled for October 6 at 12:55 p.m., and the submission of bids will close on October 5 at 8:00 p.m. Bidding will follow the English-style ascending-bid model.
The starting price of the lot is 2.65 billion UAH excluding VAT; the minimum bid increment is 1%, or 26.45 million UAH; and the security deposit is 5%, or 132.27 million UAH.
Banks and other financial institutions that are legally authorized to provide funds and bank metals on credit are eligible to participate in the auction.
If the English-style auction does not take place, Oschadbank may subsequently offer the claim rights in a Dutch-style auction with a reduced starting price.
As previously reported, in November 2022, Oschadbank had already put the claim against “ESU” up for sale via OpenMarket (the State Enterprise “SETAM” of the Ministry of Justice) with a starting price of 1.82 billion UAH; however, the auction did not take place due to a lack of eligible bidders.
Following a tender announced in the fall of 2010, the State Property Fund of Ukraine sold 92.79% of Ukrtelecom’s shares in early 2011 to the Ukrainian subsidiary of the Austrian company EPIC—ESU LLC—for 10.58 billion hryvnias. The SCM Group, owned by Ukrainian businessman Rinat Akhmetov, acquired ESU in 2013.
In 2024, the Kyiv Commercial Court opened bankruptcy proceedings against ESU LLC.
Oschadbank and the Lviv City Council signed a five-year loan agreement for 582.6 million UAH to finance projects aimed at modernizing the city’s critical infrastructure, the financial institution announced on Friday.
“The new 582.6 million hryvnia loan will enable Lviv to continue upgrading its housing, utilities, and road infrastructure, modernizing its heat supply system, and strengthening energy security,” said Serhiy Chernikov, deputy chairman of Oschadbank’s board of directors responsible for corporate business.
It is noted that the funds will be directed toward nine critical infrastructure projects in the city.
Taking this new agreement into account, the total amount of loans provided to Lviv by Oschadbank over the past three years has reached 2.09 billion UAH: in 2024, the bank provided the city with 840.0 million UAH, and in 2025—668.0 million UAH.
Since the start of the full-scale invasion, Oschadbank has entered into loan agreements with Ukrainian municipalities totaling 7.8 billion UAH. As of August 1, 2026, the bank accounted for over 64% of municipal lending.
According to the National Bank, as of July 1, 2026, Oschadbank, with total assets of 518.87 billion UAH, ranked second among Ukraine’s 59 banks. The bank’s total loan portfolio grew by 6.7% in the first half of the year, reaching 136.83 billion UAH.
State-owned Oschadbank issued 3.3 billion UAH in loans to microbusinesses from January through June 2026, which is 37% more than during the same period last year, the financial institution reported on its website.
It is noted that the number of loans issued rose by 27% to 2,596.
Oschadbank’s microbusiness loan portfolio has grown by nearly 20% since the beginning of the year and exceeded 7.6 billion hryvnias.
During the first half of the year, the bank processed 2,799 applications from microbusiness representatives.
As part of its cooperation with the Fund for Partial Guarantees of Agricultural Loans, Oschadbank issued 313 microloans to agricultural producers during this period under portfolio guarantees totaling 459.8 million UAH.
According to the National Bank, as of July 1, 2026, Oschadbank, with total assets of 518.87 billion hryvnias, ranked second among Ukraine’s 59 banks. The bank’s total loan portfolio grew by 6.7% in the first half of the year, reaching 136.83 billion hryvnias.
agricultural producer, BANK, LOAN, microbusiness, OSCHADBANK
On July 30, Oschadbank JSC announced its intention to enter into a contract with VUSO Insurance Company for the provision of voluntary health insurance services, according to the Prozorro electronic public procurement system.
It is noted that the company’s bid amounted to 153.566 million UAH, while the bank had budgeted 153.9 million UAH for these needs.
Other participants in the tender included Insurance Company “Kraina” with a bid of 146.348 million UAH, which was rejected, as well as Insurance Company “Euroins Ukraine” with a bid of 153.699 million UAH and “Arsenal Insurance” with a bid of 153.759 million UAH.
As previously reported, VUSO Insurance Company won a similar tender a year earlier.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the direct claims settlement agreement, and a member of the Nuclear Insurance Pool.
The network of branches of Ukrainian banks decreased by 38 branches in the second quarter of this year, following a reduction of 23 branches in the first quarter, and now stands at 4,754 branches, according to statistics from the National Bank of Ukraine (NBU).
According to the data, Oschadbank closed the most branches in the second quarter—10—reducing its network to 1,115, though it retained its lead in terms of total number of branches.
Due to the liquidation of Motor-Bank, all six of its branches ceased operations in the second quarter.
PrivatBank and Ukreximbank each closed five branches, bringing the networks of these state-owned banks to 1,050 and 18 branches, respectively.
From April through June, TAScombank (83 branches) and Kominbank (39) each closed three branches, while Ukrsibbank (214), Bank Credit Dnipro (31), and Oksi Bank (9) each closed two.
During the second quarter, Raiffeisen Bank (282), A-Bank (196), Poltava-Bank (70), Globus Bank (32), Radabank (32), Alliance Bank (30), Ukrainian Capital Bank (14), and the European Industrial Bank (6).
At the same time, Accordbank (177) opened five new branches, MTB Bank (47) opened two, and PUMB (220) opened one.
According to the National Bank, as of early July of this year, the largest branch networks in Ukraine were operated by the state-owned Oschadbank (1,115) and PrivatBank (1,050). They were followed, by a significant margin, by Raiffeisen Bank (282), PUMB (220), and Ukrsibbank (214).
The top five by number of branches also included Ukrgasbank (206), A-Bank (196), Akordbank (177), Sens Bank (137), and Credit Agricole Bank (124).
As of early July, the five banks with state ownership maintained a network of 2,526 branches, accounting for 53.1% of the total number of branches.
