OTP BANK and ESSA Technopark to jointly support businesses in implementing energy-efficient solutions
OTP BANK JSC and ESSA Technopark, a company specializing in the supply of industrial and energy equipment for enterprises, have signed a memorandum of cooperation in the field of financing energy efficiency projects for Ukrainian businesses.
ESSA Technopark has been operating in the Ukrainian market since 2012, offering a full range of solutions in the industrial and energy equipment sector, including:
- supply of equipment from leading global manufacturers;
- maintenance services and technical support;
- engineering, installation, and commissioning services.
The new partnership enables clients to invest in their energy independence without the need to cover the full cost of equipment upfront. This approach allows businesses to efficiently implement energy-saving solutions tailored to their operational specifics while optimizing financial burden. “Together, we are creating opportunities for businesses to implement energy-efficient solutions on comfortable terms with access to high-quality modern technologies,” said Iryna Kabantseva, Head of Alternative Sales Channels Projects and Programs at OTP BANK.
OTP BANK’s financing program offers an individual approach to each client’s needs, flexible loan structuring, convenient repayment schedules, and competitive interest rates. The Bank ensures prompt application processing and timely support of projects.
Financing is available for up to 7 years with an initial contribution starting from 15%, without additional collateral. A minimal set of documents is required to apply — financial statements and an application form, which are reviewed within an expedited timeframe.
Clients can also benefit from the state program “Affordable Loans 5-7-9%”, implemented by the Government of Ukraine at the initiative of the President through the Entrepreneurship Development Fund. Additionally, partial compensation of up to 30% of the project cost is available under programs supported by the EBRD.
For more details on the terms and conditions, please follow the link.
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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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