ProCredit Bank signs memorandum on lending for projects to restore Ukraine’s energy infrastructure

On 5 July 2024, ProCredit Bank signed the energy memorandum on lending for projects to restore Ukraine’s energy infrastructure. In doing so, ProCredit has joined a group of banks united in the fight against the consequences of the hostile shelling of the country’s energy facilities.

According to the document, ProCredit Bank will provide affordable loans to businesses implementing projects to increase the country’s energy independence. Financing will be granted for renewable energy projects, the purchase of industrial batteries, cogeneration units, and the implementation of other energy-efficient solutions.

“The signing of this memorandum is a significant event for the entire Ukrainian banking sector. It is important that banks unite to achieve a common goal – the strategic strengthening of the country’s energy independence and the restoration of its energy infrastructure. Together we will be able to resist the enemy and change “dark” times into “light” times,” said Hanna Savenya, Management Board Member responsible for business client development.

The bank has already started working on the development of appropriate loans and will present them in due time.

Loans for the restoration of Ukraine’s energy infrastructure can be applied for through the bank’s official website as well as by calling the Contact Centre at 0 800 50 09 90 or by contacting your Client Adviser. Priority will be given to these applications.