AUB partners news

Despite a significant increase in demand for affordable mortgages, eOselya continues to operate. Last week alone, 291 loans were issued for UAH 510 million. While in 2023, on average, 487 loans for UAH 737 million were issued per month on eOselya,  according to Ukrfinzhytlo.

Therefore, despite the extra demand, partner banks continue to lend to Ukrainians under the program. In the last two days alone, customers have received 79 mortgages for UAH 141 million. And since the beginning of 2024, 4,031 families have already received loans for their own housing for more than UAH 6 billion.

“Ukrfinzhytlo attracts loans from Ukrainian banks to finance eHousing, which, in the context of increased demand, requires additional time to approve transactions with the relevant government agencies. Nevertheless, the company continues to work to meet even the high demand of citizens. The partner banks of the program, in turn, plan to conclude the agreed transactions in the near future,” the statement said.

The members of the Association of Ukrainian Banks - Ukrgasbank, Globus Bank, Sky Bank, Ukreximbank, MTB Bank - participate in the eHouse program.

 According  to the Ministry of Economy of Ukraine, 4,000 Ukrainian families have taken out loans to purchase housing under the eOselya program for UAH 6.7 billion since the beginning of 2024. Every third loan was for the purchase of a first-time home. In total, 10,277 families have taken out loans worth over UAH 16 billion since the program's launch.

For reference:

The eHouse program is one of the components of the “Made in Ukraine” policy aimed at supporting Ukrainian producers and stimulating demand for domestic products. The program was launched in October 2022. It is being implemented by the Ministry of Economy jointly with the Ministry of Digital Transformation and Ukrfinzhytlo. The partner banks of eOselya are Oschadbank, Privatbank, Ukrgasbank, Globus Bank, Sky Bank, Ukreximbank, Sense Bank, Credit Dnipro Bank, and MTB Bank.

According to the results of the first quarter of 2024, the volume of SME financing at Globus Bank reached pre-war levels. This was stated by Oksana Shulga, Director of Small and Medium Business Department of Globus Bank, during the round table “Situation in the SME market: wartime challenges”, the bank's press service reports.

The event focused on the main trends in the SME lending market, customer needs and lending conditions in 2024, as well as war risk insurance.
Specialists from leading Ukrainian banks were invited to participate in the discussion, including Oksana Shulga, Director of SME Department at Globus Bank. She emphasized that the development of SMEs is a requirement of the present time

“The demand of SME clients is growing rapidly. The areas requiring financing are quite diverse - from services and manufacturing to the processing industry. Financing of the medical industry has also been increasing recently. Our Bank did not leave the SME lending market after the full-scale invasion began, and in the first quarter of 2024, our funding volumes reached pre-war levels. We strive to create products and services to support businesses under any conditions,” the banker said.

COMINBANK joined the Program of compensation to agrarians for the cost of agricultural machinery of domestic producers. This was reported by the bank's press service.

The signing of a memorandum with the Ministry of Economy of Ukraine means that from now on, our clients can receive compensation from the state in the amount of 25% of the cost of purchased machinery from a Ukrainian manufacturer.

“For the third year in a row, Ukrainian farmers have been bearing the heavy burden of war on their shoulders. The damage and losses incurred by our agricultural sector amount to billions. Nevertheless, it continues to work heroically, providing food for Ukraine and the world. That is why today we are extremely pleased to take a step towards supporting agricultural producers. I am grateful to everyone who contributed to this important decision in favor of the agricultural business. After all, we are talking about serious support for the industry and food security of our country,” commented Tatyana Putintseva, Chairman of the Management Board of COMINBANK.

In order to receive compensation for the cost of agricultural machinery, agrarians (the Bank's clients) need to:

• choose a supplier (from the list on the website of the Ministry of Economy)
• purchase equipment of domestic production
• submit an application for compensation and supporting documents to the Bank
• receive compensation to the current account with the Bank.

The list of equipment subject to compensation is available on the website of the Ministry of Economy of Ukraine

monobank | Universal Bank will buy a house for 98-year-old Lydia Stepanivna from Ocheretyne, Donetsk region, who impressed the whole of Ukraine with her bravery and resilience by leaving the temporarily occupied territory on foot, the bank said.

The woman, fleeing from the Russian occupiers, left the city under fire on foot and walked about 10 kilometers. Lidiya Stepanovna's house, which she built with her own hands, was destroyed by the Russians. Her family was injured. The elderly woman said that "terrible things are happening in the village".

Lidiya Stepanivna walked all day without food and water, fell down several times and, as she says, "fell asleep". She was holding on with two sticks and her "character". In the midst of the fighting, the pensioner miraculously remained alive and unharmed.

In the evening, Ukrainian soldiers saw Lidiya Stepanovna, exhausted but not broken, on the road. She was handed over to the police from the White Angel group, who took her to a shelter for evacuees. Lidiya Stepanovna is now feeling well, the National Police of Ukraine reported.

"I lived through that war and I am living through this war. I was left with nothing. But I survived with my Ukraine," the woman says.

Her daughter-in-law suggested that they go amid the danger, but on the way, the relatives got separated. Later, it turned out that the elderly woman's son and his wife had also left the occupied territories and were in the hospital. The police contacted Lidiya Stepanivna's granddaughter, who was to come to pick her up.

Recently it became known that monobank Universal Bank will buy a house for the 98-year-old heroine.

Iryna Starominska, Chairman of the Board of JSC Universal Bank, announced this on her Facebook page: "The house that Lidia Stepanivna built with her own hands was destroyed by the occupiers. To escape from them, my grandmother walked all day without food and water, fell down several times and, as she says, "fell asleep". The woman was holding on to two sticks. In the midst of the fighting, she miraculously survived. Now the old lady is under the care of our military. 98 years old! The second war in her life. She survived the occupation again. From monobank I Universal Bank we decided to buy a house for my grandmother."

This is another great example of how Ukrainians support each other in this difficult time. Lidiya Stepanivna is a real heroine who shows by her example that even in the most difficult situations, one should not lose faith and hope.

NovaPay has registered and placed three more issues of its own bonds - series D, E and F - for UAH 300 million each. The securities are already available for purchase in the NovaPay mobile application. There they can be easily purchased in a few minutes and in a few clicks. This was reported by the company's press service.

"NovaPay's own bonds are a worthy alternative to a bank deposit with a competitive yield and a simple purchase process. This is an additional opportunity to diversify your investment portfolio, take care of the safety and accumulation of funds," says Igor Prikhodko, CFO of NovaPay, "We appreciate the trust of customers who have already purchased our securities - 1,000 customers who have bought bonds for more than UAH 200 million - and we are introducing new issues.

The interest rate is set at up to 17% per annum. The bonds will be available for a term of 1 to 12 months. Income will be paid to the client's payment account after the expiration of the securities purchase agreement.

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NovaPay is the first private company in Ukraine to issue corporate bonds with a public offering in wartime. In 2023, the company placed the first three issues of securities (Series A, B, and C) for UAH 100 million each.