Ukrgasbank increased SME lending by 17 times: how businesses received 5.3 billion hryvnias.
21.11.2019
813
Journalist
Shostal Oleksandr
21.11.2019
813
Ukrgasbank continues to develop cooperation with the International Finance Corporation (IFC), as stated by the bank's Deputy Chairman Yevhen Metzger. Already in April 2018, both parties signed an agreement for the joint project 'Becoming a leader in banking services for SMEs', and it is successfully developing. In this project, the bank started working with microbusinesses and offered new products, including eco-products for eco-entrepreneurship. Now, 'Ukrgasbank' is actively working to stimulate the development of small and medium-sized businesses through compensation for energy efficiency costs. They plan to present new projects that will help businesses modernize and become more profitable. According to Yevhen Metzger, the bank has been systematically working with SMEs since 2015 and has already achieved significant success in increasing the client and loan portfolio. As a result, the loan portfolio of SME clients has significantly increased, and the client base has practically doubled. Ukrgasbank is actively collaborating with IFC in implementing the project 'Becoming a leader in banking services for SMEs', developing eco-products for clients, and working to stimulate the development of small and medium-sized businesses. The bank's activities are aimed at supporting businesses and maximizing their operational efficiency.
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