Oschadbank's corporate loan portfolio increased by UAH 9 billion in 2024
Oschad News
As of December 2024, the loan portfolio of Oschadbank's corporate clients exceeds UAH 64 billion. The growth during the year amounted to UAH 9 billion.
“This is an absolute record of growth that we have had over the past 5 years. And this is a huge job done by our team,” said Yurii Katsion, Deputy Chairman of the Management Board of Oschadbank in charge of corporate business, in an interview with NV.
The new strategic program developed for 2024-2028 envisages that Oschad's corporate business should become No. 1 in the market.
“We see ourselves as a bank that is a market leader in the corporate segment not only in terms of financial results, but also in terms of quality, service, and customer convenience - a leader in everything,” shared his plans for the future the Deputy Chairman of the Management Board of Oschadbank.
According to the banker, Oschadbank has recently changed its approaches and processes in cooperation with clients. The rules of work have been completely rethought. From the classical approach of a large state-owned bank, which works inertly, when the client looks for the bank and the tools he needs, Oschad has switched to an approach where the bank, on the contrary, focuses its team on proactivity, on knowledge of the client's needs, on the ability to foresee in advance what services or types of products the client may need.
Regarding the priorities in the development of the client portfolio, Yuriy Katsion emphasizes that Oschad believes that it is important to support the critical sectors of Ukraine's economy that are of the greatest importance to the state: defense industry, energy, food production, agriculture, and municipalities.
“Our new strategy envisages a steady decline in the share of the public sector in both our portfolio and overall client segment,” says Oschad's Deputy Chairman of the Board in charge of corporate business, ”not because of refusal to cooperate with state-owned companies, but because of their privatization and the evolutionary development of the economy as a whole. Today, state-owned companies account for about 50% of our loan portfolio. In terms of the number of companies, more than 80% of our clients belong to the private segment.”
The full text of the interview is available at the link: http://surl.li/gfhbgu
Oschad News