• Українською
  • Council of Europe Development Bank is interested in joining concessional mortgage lending programmes in Ukraine: Yuliia Svyrydenko
    Ministry of Economy of Ukraine, posted 10 November 2023 13:59

    Ukraine is seeking the support of foreign financial institutions, in particular the Council of Europe Development Bank (CEB), to increase funding for concessional mortgage lending programmes for the population and the restoration of housing infrastructure. This was discussed during a meeting between Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, and the leadership of the CEB.

    “I would like to thank the CEB for being one of the first international financial institutions to respond to the war in Ukraine by providing assistance to Ukrainians seeking refuge in neighbouring countries. The Bank is currently implementing a programme to rebuild destroyed and damaged homes in Ukraine and is working on a healthcare programme focusing on mental health and rehabilitation.

    In the near future, we plan to merge the eVidnovlennia and eOselia programmes so that anyone who needs it will be able to make an advance payment for destroyed housing under the mortgage programme. We invite the CEB to participate in this project. We are interested in the Bank’s participation in the restoration of housing, health and education facilities, as well as in the development of a network of rehabilitation centres for veterans. CEB’s extensive experience will be indispensable in rebuilding our country’s social infrastructure and bringing it closer to EU standards,” said Yuliia Svyrydenko.

    In turn, the CEB leadership expressed interest in financing the restoration of Ukraine’s housing infrastructure. This will have a positive impact on the social and demographic situation in Ukraine. The Bank is very interested in helping vulnerable groups of the population to acquire affordable housing. This will be an important incentive for Ukrainians to return home. The Bank is currently working with the Ministry of Economy to develop specific practical tools to deepen cooperation.