The first anniversary of “Affordable Loans 5-7-9%” program
A year has passed since the start of the presidential program “Affordable loans 5-7-9%”. According to the Ministry of Finance, the authorized banks issued 8 430 loans worth UAH 19.7 billion, as of 1 February 2021. UKRGASBANK…
SME loan portfolio increased by 50%
Last year UKRGASBANK focused on lending to SMEs that suffered most from the pandemic and lockdown. In 2020, the volume of SME loans increased by 50% (UAH 2.5 billion) totaling UAH 7.7 billion. Of these 80% are investment…
IFC Supports Ukraine’s Ukrgasbank to Boost Financing for Green Energy

IFC, a member of the World Bank Group, is supporting Ukrgasbank on its way to privatization, as it seeks to boost financing of sustainable energy and energy-efficient projects, including those developed by small and medium enterprises.

Two in one: UKRGASBANK launched the first in Ukraine PROSTIR–UnionPay co-badged card

UKRGASBANK together with the national payment system "PROSTIR" and the world's largest system UnionPay has developed a joint product, which has no analogs in the Ukrainian market. This is the first co-payment card in the country, which works with two payment systems UnionPay and PROSTIR.

UKRGASANK earned UAH 765 million profit

Since the beginning of the year, the net profit of UKRGASBANK has grown up to765 million.

Unsecured loans for energy efficiency: UKRGASBANK and UNIDO presented the operation of the Loan Guarantee Fund

UKRGASBANK and the United Nations Industrial Development Organization (UNIDO) presented the launch of the Loan Guarantee Fund to facilitate the development of industrial energy efficiency in Ukraine. This is the first guarantee based financial mechanism in Ukraine to improve financing conditions for industrial energy efficiency (IEE).

New markets for Ukrainian goods: UKRGASBANK and Export Credit Agency will develop export trade

UKRGASBANK and Export Credit Agency have signed a cooperation agreement on development of Ukrainian exports and SME assistance in the international markets.

UKRGASBANK earned UAH 725 million profit

The net profit of UKRGASBANK has grown to UAH 725 million for 10 months of 2020. That is 26% more compared to the same period last year.

The National Bank of Ukraine approved Andriі Kravets as the Chairman of the Management Board of JSB “UKRGASBANK”

The National Bank of Ukraine approved Andriі Kravets as the Chairman of the Management Board of JSB “UKRGASBANK”. Mr. Kravets has taken the office starting from 16 November 2020.

One hundred transactions with the EBRD to support Ukrainian business

Today UKRGASBANK has made a remarkable one hundredth transaction for Ukrainian business under trade finance limit provided by the EBRD. The cooperation with our international partner started in summer 2019 with the limit of USD 40 million. Thanks to active work in supporting our customers international business, the limit was increased up to USD 170 million in spring 2020. So far, the Bank has already carried out transactions worth more than USD 100 million.

Supervisory Board appointed Mr. Andriі Kravets as the Chairman of Management Board of JSB “UKRGASBANK”

Supervisory Board of JSB “UKRGASBANK” during its meeting on 02 November 2020 unanimously has decided to appoint Mr. Andriі Kravets as the Chairman of Management Board of JSB “UKRGASBANK”.

Fitch affirmed UKRGASBANK Ratings

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of UKRGASBANK at 'B' with a Stable Outlook. The rating is in line with the Fitch's current sovereign credit rating for Ukraine.

UKRGASBANK is the leader in assets growth

According to the National Bank of Ukraine, UKRGASBANK is the leader of the Ukrainian banking sector in assets growth.

BSTDB Helps Green Financing and Post-pandemic Recovery of SMEs in Ukraine
The Black Sea Trade and Development Bank (BSTDB) is providing a EUR 30 million loan to a leading Ukrainian Ukrgasbank to promote green financing for energy efficiency, renewable energy and other environmentally friendly…
UKRGASBANK has given UAH 1 billion worth loans to Ukrainian business under “Affordable loans 5-7-9%” program

UKRGASBANK holds a leading position among state-owned banks in providing loans to Ukrainian SMEs under “Affordable Loans 5-7-9%” program. The Bank has issued UAH 1 billion of “affordable loans”, 80%of which were directed towards investment purposes.

1-Year Anniversary of UN Principles for Responsible Banking

Exactly one year ago, on 22 September 2019, more than 130 banks in the presence of the UN Secretary General signed the first-ever global sustainability framework for the banking industry: the UN Principles for Responsible Banking. Signatories commit to align their business strategy and practice with the Sustainable Development Goals set in 2015 by the United Nations General Assembly and the goals of the Paris Climate Agreement.

UKRGASBANK earned UAH 680 million profit for 8 months of 2020
Since the beginning of the year, the net profit of UKRGASBANK has grown up to UAH 680 million. This is twice as much, compared to the same period last year. For reference: currently UKRGASBANK is one of the five largest…
UKRGASBANK has issued half a billion of investment loans "5-7-9%"

UKRGASBANK is an absolute leader in providing affordable loans "5-7-9%" for Ukrainian SMEs. Currently, the Bank has granted UAH 500 million of investment loans "5-7-9%" to finance long-term high-potential projects.

UKRGASBANK reports UAH 554 million in profit

For seven months of 2020, net profit of UKRGASBANK has grown to UAH 554 million. This is almost twice as much as profit for the respective period of the previous year (UAH 288 million).

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