OREANDA-NEWS. February 28, 2013. MEGABANK, PJSC offers its customers to use agro loan on favorable terms, that is to get a loan to replenish working capital for financing the complex of spring field work for up to 12 months and obtain long-term funding for the renewal of the agricultural equipment for a period of 5 years with a reduced interest rate of 22% per annum in local currency.

Reference. The total volume of loans granted by MEGABANK to agricultural producers in 2012 amounted to over 1 billion UAH.

Since 2011 MEGABANK has been started crediting energy efficiency projects. In cooperation with the European Bank for Reconstruction and Development (EBRD) on the UKEEP Programme on Energy Saving and Energy Efficiency Megabank was granted a loan of 13.5 million U.S. dollars to support private enterprises in financing of energy efficiency and investments in the rational use of energy resources. Also at the end of 2012 an agreement was signed with the Southeast Europe Fund “GGF Southeast Europe’ (GGF), which has provided to MEGABANK 10 million. U.S. dollars loan to fund projects aimed at improving energy efficiency and reducing carbon emissions. As part of the energy saving program it is possible finance of projects concerning the replacement of obsolete equipment with modern, purchase of agricultural equipment, insulation of workshops, installation of high efficiency boilers.

MEGABANK, PJSC has been operating at the banking sector since 1990. The shareholders of MEGABANK include European Bank for Reconstruction and Development (EBRD), German state-owned bank (KfW) and the International Finance Corporation (IFC). At the beginning of 2013 the MEGABANK’s regional network numbers 189 units in 24 regions of Ukraine. MEGABANK provides a full range of classical banking services used by 487,000 customers, including 131,000 recipients of pensions and other social benefits.