News
Teimour Bagirov has been appointed Chairman of the Supervisory Board of UKRGASBANK following Shrenik Davda’s request to stand down as Chairman due to his other work commitments. Such resolution was taken at the Bank's annual general shareholders meeting.
UKRGASBANK has signed an agreement with Business Development Fund to launch the program “Affordable Mortgage 7%”.
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.
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.
Since the beginning of the year, the net profit of UKRGASBANK has grown up to765 million.
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).
UKRGASBANK and Export Credit Agency have signed a cooperation agreement on development of Ukrainian exports and SME assistance in the international markets.
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”. Mr. Kravets has taken the office starting from 16 November 2020.
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 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 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.
According to the National Bank of Ukraine, UKRGASBANK is the leader of the Ukrainian banking sector in assets growth.