In 2024, the level of delinquency on loans to Oschad's corporate business clients remained at 0.58%

In his speech at the Ukrainian Credit Conference on June 28, 2024, in Kyiv, Yuriy Katsion, Deputy Chairman of the Management Board of Oschadbank, emphasized: "Analyzing the decisions taken by Oschadbank to finance companies that suffered during the war, as well as to restructure loans previously issued to them, we can confidently say that they worked.” Today, all these borrowers have resumed their operations, have the ability to service their loans and have reached almost pre-war levels.

In 2024, the share of loans overdue for more than 90 days among Oschadbank's corporate business clients still remains at 0.58% of the loan portfolio of this segment.

"Our readiness to continue to support the business is confirmed by the volume of projects we have in our pipeline, and they are extremely large. Especially in strategic industries, the need to support which is emphasized by the President of Ukraine, the government and the National Bank of Ukraine. These are the defense industry, the energy sector, and the manufacturing industry. As of the end of June, the loan portfolio of Oschadbank's corporate business reached almost UAH 60 billion," said Yuriy Katsion.

The Deputy Chairman of the Management Board emphasized that Oschad, having many years of experience in business financing, in its assessments of the prospects of a particular project, proceeds from the position that the operating model of any business should be self-sufficient and not require any third-party support.

"If we constantly provide businesses with compensation, subsidies and other financial benefits, we may do more harm than good in the short term by creating uncompetitive companies or even entire industries. Therefore, we should carefully calculate and watch: if a self-sufficient business needs temporary support as a result of losses from the war, it is certainly good and critical that the state or international partners are ready to provide it. But if the model shows that business is not profitable without preferential instruments (interest rate compensation, zero taxes, etc.), then think a hundred times whether it is worth starting it," said Yuriy Katsion, Deputy Chairman of the Board of Oschadbank.