‘UkrGasBank’ was chosen a pilot bank on mortgage bonds issue

In the framework of the Bank cooperation with Pragma Cooperation jointly with US Agency of International Development (USAID) on “Lending Promotion Initiative” project in Ukraine, ‘UkrGasBank’ receives consulting and technical assistance carrying out pilot issue of mortgage bonds.

In the framework of the Bank cooperation with Pragma Cooperation jointly with US Agency of International Development (USAID) on “Lending Promotion Initiative” project in Ukraine, ‘UkrGasBank’ receives consulting and technical assistance carrying out pilot issue of mortgage bonds.

The aim of the project is to contribute to the development of mortgage market in Ukraine meeting international standards of mortgage loan.
Currently OJSB ‘UkrGasBank’ ranks among the biggest Ukrainian banks. As of 11/01/2005 the Bank net assets totaled UAH 2080,5 Mio and loan portfolio – UAH 1724,6 Mio.

16.12.2005