Best fintech collaboration: OTP BANK received an award for joint program with USAID project “Investment for Business Resilience”
“OTP BANK” JSC won in nomination Best fintech collaboration for realization of joint program with USAID project “Investment for Business Resilience”.
Award was handed within annual prize Ukrainian FinTech Awards 2024.
Joint grant program of OTP BANK and Project started in fall 2023. It aims at support micro-,small and medium enterprises of Ukraine through specific funding at interest rate of 7% per annum (during first year of loan agreement) and 0,1% per annum (in case of sales contract with Bank`s partner). Beneficiaries of grant program of Project and OTP BANK are enterprises, who are affected by war or are significant for economy renewal or has predominant share of women in ownership structure.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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