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Banks issue UAH 36.6 billion in loans for energy renewal since June 2024

Electricity. Photo: depositphotos
Electricity. Photo: depositphotos

Banks have provided UAH 36.6 billion in financing for business and population projects in 21 regions of Ukraine as part of a joint memorandum of understanding to finance the restoration of energy infrastructure after massive attacks by the russian federation.

This is stated in the report of the NBU, the Ukrainian News agency reports.

According to a survey of banks, for the period from June 1, 2024 to February 1, 2026, they provided almost three thousand loans to businesses in the amount of UAH 34.0 billion and more than 14,000 to the population in the amount of UAH 2.6 billion.

Banks have joined the implementation of projects for the development, reconstruction and restoration of generation with a capacity of 1.373 GW. The largest amounts of financing in this area were provided for the development of solar power plants, gas and hydro/bio/wind installations.

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In addition to generation, banks finance projects for electricity storage (creation of storage systems, purchase of inverters and batteries, etc.), heat supply, and modernization of heating equipment. The capacity of these projects is 556 MW.

Previously granted loans are slowly being repaid in part or in full, so the gross portfolio of "energy" loans to legal entities as of February 1, 2026 amounted to UAH 24.2 billion, and to individuals - UAH 2.1 billion

As the Ukrainian News agency earlier reported, the energy sector is recognized as one of the priorities in accordance with the Lending Development Strategy developed by the National Bank of Ukraine together with the Ministry of Economy, Environment and Agriculture of Ukraine and the Ministry of Finance of Ukraine. As part of this strategy, the NBU has taken a number of steps to boost lending to priority sectors.

In particular, to stimulate financing of the energy sector, the NBU has revised the requirements for banks to assess credit risks and increased the coefficients for taking into account the cost of energy equipment when banks accept it as collateral for relevant loans.

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