Oschadbank has been recognized as the best bank for legal entities, it was announced during the award ceremony of the annual FinAwards 2024.

The selection of candidates for participation in the competition nominations lasted three months. Participants were evaluated by independent experts, a reputable jury, as well as bank customers through open online voting.

During 2023, Oschadbank continued to actively finance state-owned and commercial companies in the micro, small and medium-sized business (MSME) segment.

Thus, the number of active MSME clients of Oschadbank amounted to more than 224 thousand. As of the end of last year, their number increased by 16 thousand companies and individual entrepreneurs. Oschadbank achieved a significant growth in the respective loan portfolio: it increased by 26% and amounted to UAH 22 billion.

Oschad remains one of the key banks supporting business and the economy of Ukraine, having financed 4.5 thousand enterprises employing more than 120 thousand Ukrainians. The total amount of funds provided to them amounts to UAH 13.3 billion, of which UAH 6.9 billion was directed to financial support of agricultural enterprises and meeting the needs of farmers, including the sowing campaign.

To ensure quality customer service for MSMEs, the bank has introduced the institute of personal managers.

"We understand that Ukrainian business needs financial support now more than ever. That is why we bring together all interested partners from central and local authorities and international organizations to preserve and develop enterprises. We are proud that despite the war, many Ukrainians have not closed their businesses, and we are doing everything in our power to ensure that wartime does not hinder the further development of the Ukrainian economy. I am grateful to the entire team of the MSME business line for their resilience and professionalism," said Natalia Butkova-Vitvitskaya, Oschadbank Management Board Member in charge of MSME business line.

FinAwards  is an annual competition aimed at identifying the best financial companies in the implementation of products, advanced technologies and customer services. The founders of the award are popular Ukrainian websites about finance and investments, Minfin.com.ua  and Finance.ua. The organizer of the award is one of the leading conference platforms in the field of finance and technology - BankOnline. The contest is held for the fourth year in a row.

 

Press service of Oschadbank