Oschadbank has issued UAH 10 billion of loans under the eOselia program and maintains leadership in the affordable housing market

Oschad has reached a historic milestone in the implementation of the state program for affordable housing eOselia, crossing the UAH 10 billion mark in loans disbursed. In total, the bank provided 6,358 loans. Their average amount is UAH 1.6 million. This result gave Oschadbank a 37% share among all banks participating in the program, which confirms its leading position in the market.

Oschad pays special attention to supporting citizens of socially important professions and priority categories, primarily military personnel and representatives of law enforcement agencies — they account for 57% of all clients under the program. Another 8% of borrowers are teachers, the same number are healthcare workers, and 3% are internally displaced persons.

The demographic profile of Oschadbank's eOselia clients shows active participation of young people: the average age of a borrower is 34 years, and the most active age group is 26-35 years, accounting for 45% of all clients. Men make up 65% of borrowers, women 35%. Thanks to Oschad's lending under this program, more than 4 thousand children have already been provided with housing.

Lending covers the entire government-controlled territory of Ukraine. The largest number of loans was issued in the Kyiv region: 1,327 loans (20.9%), in Kyiv: 1,221 loans (19.2%), in Chernihiv: 449 (7.1%), Odesa: 326 (5.1%) and Lviv 311 (4.9%) regions, respectively. Thus, Oschadbank provides the widest geographical coverage among the banks participating in the program.

The characteristics of the purchased housing demonstrate a focus on the needs of families: the average apartment area is 57.1 square meters, and the average cost of the property is UAH 2.15 million. The area per family member is 27.17 square meters. The largest share of clients is made up of families with one child (31.6%), slightly less of childless families (28.5%), families with two children (23.9%) and large families (15,9%).

In addition, Oschadbank cooperates with regional administrations: regional programs compensate part of the down payment or the entire interest rate on mortgage loans. These programs have already covered 466 clients, who have been granted loans totaling UAH 705.3 million. The total amount of compensation from regional budgets is UAH 9.1 million. The most active regions in this cooperation are Odesa, Lviv, Chernivtsi, Kharkiv and Dnipro (including Kryvyi Rih City Council).

The Bank cooperates with 31 accredited eOselia developers and has partnership agreements with 8 regional administrations to provide additional support to citizens.

“Reaching the UAH 10 billion mark in lending under the eOselia program and retaining 37% of the market share demonstrates Oschadbank's role as the main partner of the state in providing affordable housing. Our cooperation with regional administrations helps to reduce the financial burden on citizens. It is important for us that more than half of our borrowers under the program are defenders of Ukraine. We are proud of the trust of citizens and continue to develop comprehensive solutions to meet the housing needs of Ukrainian families,” said Anton Tiutiun, Deputy Chairman of the Management Board of Oschadbank.