Improving energy efficiency together: OTP BANK and Ecotech Ukraine became partners
OTP BANK JSC and Ecotech Ukraine have signed a memorandum of cooperation in the field of energy independence. This partnership opens up new opportunities for clients of both parties to obtain attractive financing terms for the installation of modern solar power plants and to become energy independent.
“We at OTP BANK understand that, for Ukrainian businesses, energy independence is directly linked to operational stability and financial resilience. Investments in solar energy are both a response to today’s challenges and a contribution to the long-term sustainability of companies. We see growing demand for such solutions and aim to make them more accessible to our clients through convenient financial instruments,” said Iryna Kabantseva, Head of Projects and Programmes for Alternative Sales Channels at OTP BANK.
OTP BANK’s lending programme offers optimal solutions and attractive terms tailored to each client. The Bank provides an individual approach to financing structures, flexible repayment schedules and competitive interest rates, enabling clients to implement investment projects efficiently and optimise their financial burden.
OTP BANK enables clients to purchase solar power plants on credit supplied by Ecotech Ukraine, a company that has been operating in the solar energy market since 2015. The company specialises in the design and construction of on-grid and hybrid solar power plants for industrial enterprises, medium-sized and small businesses, as well as in the installation and integration of energy storage systems to optimise corporate energy consumption.
“The partnership between OTP BANK and Ecotech Ukraine combines the financial and technological capabilities of both parties to deliver energy-efficient projects across various sectors of Ukrainian business,” added Denys Matviichuk, Head of the Commercial Division at Ecotech Ukraine.
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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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