Sense Bank Supports Ukrainian Company with Affordable Loan

Sense Bank has provided the first loan to a Ukrainian company specializing in the production of metal structures. This loan was issued under the expanded state program «Affordable loans 5-7-9%». The company plans to build a 1 MW solar power plant in the Chernivtsi region.

A Bright Future Ahead

«With the funds received, we plan to create a power plant that will provide electricity to around 360 apartments. The annual generation of the plant will amount to 1150 MWh of electricity. The total amount of the loan is 14.2 million hryvnias, with a repayment period of five years,» the Ministry of Economy reported.

«We have expanded the ‘Affordable loans 5-7-9%’ program to include financing for energy equipment since the beginning of July. This example demonstrates the success of the program and attracts businesses to banks.

Also, on July 20, we will launch interest-free loans for citizens and expand the opportunities of the ‘Affordable loans 5-7-9%’ program for homeowner associations and housing cooperatives,» noted First Deputy Prime Minister, Minister of Economy Yulia Sviridenko.