Pivdenny Bank entered the list of accredited banks for issuing guarantees on the Ukrainian Energy Exchange

Pivdenny Bank has been included in the list of accredited banks authorized to provide bank guarantees for participation in trading on the Ukrainian Energy Exchange (UEE). This decision opens up new opportunities for the bank’s clients to participate in exchange auctions for the purchase and sale of electricity within the framework of bilateral agreements.

Bank Guarantee as a Tool for Participating in Stock Exchange Trading
Bank guarantee is a mechanism for ensuring the performance obligations of electricity buyers based on the results of auctions of bilateral contracts to the auction organizer. It acts as an alternative to cash collateral and allows participants not to divert their own funds from turnover. Such a tool is especially relevant in the highly competitive energy sector, where efficiency and financial flexibility play a key role.

Why It Matters
Obtaining accreditation on the UEB is a strategic step for Pivdenny Bank, which allows it expanding the range of financial services for the corporate segment, in particular for companies operating in the energy market of Ukraine. It also demonstrates the bank’s compliance with the established criteria of reliability and business reputation necessary for working with government and stock exchange instruments.

Already at the first stage after being included in the list, the bank implemented the first bank guarantee for participation in the stock exchange auction, which confirms the bank’s readiness to work in a new format and meet the needs of clients in a dynamic segment.

Pivdenny Bank is one of the leaders of the Ukrainian financial market, ranking third in the group of Ukrainian banks with private capital by the size of assets. According to the definition of the National Bank of Ukraine, Pivdenny has been included in the category of systemically important banks for the sixth consecutive year.

For over 30 years, Pivdenny has specialized in servicing the large and medium-sized corporate business segment and focuses on financing products, comprehensive foreign economic activity services, and effective solutions for managing the cash of enterprises and their owners.

The Ukrainian Energy Exchange is the main platform for organizing electronic trading in energy resources in Ukraine. Participation in exchange auctions requires financial security, which can be provided in the form of a bank guarantee, provided that it is issued by an accredited financial institution.