Less Dependence on Electricity: What OTP BANK and Alteco Offer to Ukrainian Businesses
JSC “OTP BANK” and LLC “Alteco Group” have signed a memorandum of cooperation aimed at strengthening the energy independence of Ukrainian businesses. The partnership provides clients with access to convenient and attractive financing conditions for the installation of modern solar power plants.
“For businesses, it is important to have predictable and stable energy sources. That is why investments in in-house generation are becoming a practical tool for protecting operations and optimizing costs. OTP BANK aims to support its clients in this area by offering financial solutions that make such projects more accessible and easier to implement,” said Iryna Kabantseva, Head of Alternative Sales Channels Projects and Programs at OTP BANK.
Within the framework of the cooperation, clients can take advantage of OTP BANK’s loan program for the installation of solar power plants (SPPs) and energy storage systems (ESS) offered by Alteco — an international integrator of solutions in alternative energy and energy efficiency. In the Ukrainian market, the company has over 15 years of experience and works with technologies from leading global manufacturers. It provides a full range of services in the clean energy sector, including consulting, engineering, construction, equipment supply, and facility maintenance. Alteco’s solutions are applied in the energy, agriculture, industrial, IT, and private sectors.
OTP BANK’s financing program offers tailored solutions and flexible terms for each client. This enables businesses to implement energy investment projects without excessive budget pressure and to plan expenses in a more balanced way.
Detailed information about the program is available via 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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