OTP BANK to Support Energy Projects of Soltech Clients
JSC OTP Bank and Soltech have signed a memorandum of cooperation aimed at supporting Ukrainian businesses in implementing energy-efficient solutions.
Under the partnership, entrepreneurs will gain access to financing for projects related to the installation of solar power plants, energy storage systems, and backup power solutions. The cooperation is intended to help businesses enhance their energy resilience, reduce dependence on power supply disruptions, and optimize energy costs.
Soltech has been operating in the Ukrainian market since 2022 and specializes in modern energy solutions for both businesses and private customers. Over the course of its operations, the company has already implemented more than 250 projects.
OTP Bank is ready to finance energy projects implemented by Soltech on flexible terms, taking into account the specific needs of clients' businesses. In particular, financing is available for up to 7 years, subject to an initial contribution starting from 15%, with the equipment purchased within the project serving as collateral.
Additionally, clients may benefit from the government program “Affordable Loans 5-7-9%”, implemented by the Government of Ukraine through the national development institution. Compensation from the EBRD of up to 30% of the project cost is also available.
Detailed information about the program is available via the link.
Share these news with friends!
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.
Additional information
