Hennadii Zubko addresses to banks to cut interest rates of energy efficient credits
To cut interest rates on credits under the
state energy efficiency program – such a request Vice Prime Minister, Minister
of Regional Development, Construction, Housing and Utilities of Ukraine Hennadii Zubko addressed to the
banks. He sent corresponding letter to three banks that participate in the
state program: PJSC “State Savings Bank of
“On September 25, the National Bank cut its
interest rate to 22% that is a good signal for the economy as a whole. Within this
framework, we have asked the banks without delay to review credit’s products under
the energy efficiency program with the aim of making them more profitable for a
final customer. The more credits you have, the faster our country will become
energy efficient”, Hennadii Zubko
said.
The State energy efficiency programs as well as
decentralization are key reforms which are in the competence of the Ministry Regional
Development, Construction, Housing and Utilities.
Under the program, credits are granted for the
acquisition of alternative energy efficient boilers and materials. As of
September 21, banks provided 31 503 credits to the sum of 525,7
million.