OTP Bank and Ukrnafta Announce Strategic Partnership
JSC “OTP BANK” and JSC “Ukrnafta” have agreed on a partnership to support the import of petroleum products and the implementation of the company’s strategic projects.
Cooperation between OTP Group in Ukraine and Ukrnafta has been ongoing for several years. The parties have been implementing joint programs in financing transport and specialized equipment for operational needs.
In April 2026, OTP BANK and Ukrnafta signed an agreement to open a credit line of UAH 400 million. This instrument enhances the company’s financial flexibility and creates additional opportunities for the implementation of operational tasks.
This year, OTP Leasing LLC and Ukrnafta expanded their cooperation by signing new leasing agreements to develop the company’s own fleet of equipment used in petroleum product logistics.
“We highly value our partnership with Ukrnafta and are pleased to support a company that plays an important role in ensuring Ukraine’s energy resilience. For OTP BANK, financing critically important sectors of the economy remains a priority, as such investments contribute to business development, infrastructure strengthening, and the country’s economic resilience,” said Volodymyr Mudryi, Chairman of the Management Board of OTP BANK.
The development of in-house logistics, diversification of financial instruments, and expansion of international operations remain among the company’s key priorities. Therefore, Ukrnafta is systematically strengthening cooperation with financial institutions, engaging banks with foreign capital.
“Ukrnafta continues to strengthen its position in the fuel market and expand opportunities for implementing strategic projects. It is important for us to have access to modern financial instruments that enable efficient resource management, logistics development, and stability of supply. We value partnerships with international financial institutions that recognize the potential of Ukraine’s economy and are ready to support its development,” said Bohdan Kukura, Acting Chairman of the Management Board of Ukrnafta.
During a meeting on 17 June, the parties discussed further implementation of the company’s strategic projects. In particular, they reviewed the development of logistics infrastructure, transport assets, and trade finance instruments to support international operations.
OTP BANK is included in the list of systemically important banks and supports the development of Ukrainian businesses by financing companies of various sizes - from small and medium-sized enterprises to large corporate clients. Priority lending areas include agribusiness, manufacturing, logistics, energy, and infrastructure projects. The Bank also places special focus on financing energy-efficient solutions and projects aimed at strengthening business energy resilience.
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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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