DTEK’s European division is a new client of the Pivdenny West Bridge program

Pivdenny Joint-Stock Bank together with Regionala investiciju banka (RIB), Latvia, attracted a new client under the Pivdenny West Bridge program. It became the Swiss trading company D.Trading International SA, which is part of DTEK Group.

Pivdenny Bank has been working with DTEK Group since 2019. In 2023, the bank significantly expanded cooperation with the client and initiated project implementation on the European market.

After Pivdenny Bank assessed the client’s creditworthiness, RIB opened a credit line and overdraft with a total limit of EUR 5 million for D.Trading International SA – financed working capital for the development of energy resource trading.

This cooperation became possible due to the understanding of the working principles of Ukrainian business models, client assessment by Pivdenny and opportunities for RIB to provide full crediting.

As a reminder: in 2022, Pivdenny Joint-Stock Bank, which is the third largest bank with Ukrainian private capital in terms of assets, together with RIB, Latvia, created the Pivdenny West Bridge program which helps Ukrainian businesses get financing for development in Europe.