UAH 25 mn to overcome the consequences of the undermined Kakhovska hydroelectric power station

PrivatBank has allocated UAH 25 mn of its own funds to overcome the consequences of the ruined dam at Kakhovska hydroelectric power station. The funds were transferred to Kherson regional utility and emergency rescue service which is rescuing people 24/7.

“Once again, I’m impressed at how Ukrainians unite themselves and show incredible resilience in difficult circumstances. We are the Bank, whose services are used by the majority of Ukrainians, so every time we feel all the pain of this country and that’s why we cannot stay away. PrivatBank is always there and comes to rescue and help where it is mostly needed. So, without any hesitation we decided to help thousands of citizens who found themselves without housing and livelihood as the dam was ruined. This is the catastrophe which poses a threat to the environment, and the devastating effect will be felt in the future”, - emphasized Gerhard Boesch, Chairperson of PrivatBank Management Board.

Since the beginning of the year, PrivatBank has allocated over UAH 66 mn to charity – to support the Armed Forces, to aid to victims of the rocket attack in Dnipro in January, PrivatBank has been supporting Ukrainians in the times of trials.