Ukrgasbank has provided a Green Loan with total amount of EUR 2.1 million for the construction of solar (photovoltaic) power plant in Odesa region, Izmail district, Suvorove village.
On December 28th Ukrgasbank signed new loan agreements with the German-Ukrainian Fund as a result of which total EUR funding provided by the German-Ukrainian Fund doubled to EUR 6.9 million and UAH funding increased 24 times to UAH 24 million. Execution of the new loan agreements followed successful utilization of funding available under open credit lines.
Ukrgasbank began financing the construction of the Novotroitsk wind farm (NWF) with capacity of 70 MW, which is carried out by "Vindkraft Tavria" in Kherson region. After the project is completed, it will become one of the three largest and most powerful wind power stations in Ukraine.
On December 13th Olena Paliy, head of dealing operations and liquidity management unit of UKRGASBANK, won “Best money market dealer” award by ACI Ukraine The Financial Markets Association.
IFC, a member of the World Bank Group, and Ukraine’s Ukrgasbank have signed an agreement that will help local companies make investments in renewable energy and energy efficiency, part of a wider effort to combat climate change in Ukraine.
Rating Agency “Expert-Rating” made a decision to confirm Ukrgasbank credit rating at uaA+. A borrower with uaA+ rating is characterized by high creditability in comparison with other Ukrainian borrowers.
On 12 September 2013, Ukrgasbank paid interest income on registered interest-bearing local bonds of L, M and N series of Zaporizhia City Council for the third interest period in the amount of UAH 2 169 000.00 which accounts for UAH 43.38 per bond. The issue and primary placement of the local bonds of Zaporizhia City Council were lead-managed by Ukrgasbank.
In pursuance of the provisions of the Law of Ukraine On Depositary Activity of Ukraine No. 5178-VI, which comes into force on 12 October 2013, Ukrgasbank has obtained new licenses of the Securities and Stock Market State Commission. The licenses permit carrying out of depositary activity, keeping assets of mutual investment institutions and pension funds and shall become valid from 12 October 2013.
Ukrgasbank is number 6 among Ukrainian banks by return on equity (ROE) with the ratio of 25.4%.
On 22 August 2013, Ukrgasbank paid interest income on registered interest-bearing local bonds of Cherkasy City Council of B-series for the 8th interest period for the total of UAH 2,094,000.00, which accounts for UAH 34.90 per bond. JSB “Ukrgasbank”, acting in its capacity as the Paying Agent, paid the interest income at the following address: 39 Chervonoarmiiska St., Kyiv 01004.