From memorandum to real solutions: OTP BANK and Ecotech Ukraine expand their partnership
The cooperation between OTP BANK JSC and Ecotech Ukraine, which began with the signing of a memorandum of cooperation, has now moved into a practical phase. The parties have entered into a partnership agreement that opens up new opportunities for clients and makes lending conditions even more attractive. In particular, it provides for the possibility of obtaining financing with no loan origination fee. This enables businesses to access funding on improved terms, accelerate the implementation of energy-efficient solutions, and reduce dependence on external factors related to energy supply, thereby enhancing the energy independence of Ukrainian enterprises.
“We consistently develop partnerships that create added value for our clients. This new agreement is not a formality, but a real instrument for reducing the cost of financing,” said Iryna Kabantseva, Head of Projects and Programs for Alternative Sales Channels at OTP BANK.
Ecotech Ukraine has been operating in the solar energy market since 2015. The company specializes in the design and construction of grid-connected and hybrid solar power plants for industrial enterprises as well as small and medium-sized businesses. In addition, it implements energy storage systems that help optimize companies’ energy consumption.
Among the key advantages of OTP BANK’s financing are a simplified application process—requiring only financial statements and an application form—and fast decision-making within a short timeframe. Financing is available for up to 7 years with a down payment starting from 15%. At the initial stage of the project, a grace period for principal repayment is available, helping to reduce the financial burden. Support can also be provided without additional pledge .
Clients may also benefit from the state program “Affordable Loans 5–7–9%,” implemented by the Government of Ukraine at the initiative of the President of Ukraine through the Entrepreneurship Development Fund. In addition, there is an option to receive compensation from the EBRD of up to 30% of the project cost.
More details about the program terms are available via the link.
It should be recalled that OTP BANK and Ecotech Ukraine signed a memorandum of cooperation in early February 2026. The partnership combines the financial and technological capabilities of both parties to implement energy-efficient projects across various sectors of Ukrainian business.
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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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