J.P. Morgan Partners with Ukrfinzhitlo to Advance Mortgage Lending in Ukraine

J.P. Morgan, one of the world's largest financial holdings, has joined forces with consulting company Alvarez & Marsal's European subsidiary and Ukrfinzhitlo to develop mortgage lending in Ukraine. The collaboration aims to attract financing from foreign investors through the issuance of mortgage-backed bonds and securitization. As part of the partnership, J.P. Morgan will provide practical recommendations, while Alvarez & Marsal will offer consulting assistance and explore opportunities for funding from international financial organizations and foreign investors in the future. The focus is on enhancing transparency and scalability in Ukraine's mortgage lending market.

The strategic cooperation includes support for the analysis of Ukrfinzhitlo's structure and the selection of optimal financing models, including "yeOselya," an innovative digital product in Ukraine's financial sector. With a fully digitized application process and a commitment to corruption-free practices, yeOsele offers convenience and transparency. The involvement of global partners in the country's mortgage lending market is expected to contribute significantly to Ukraine's reconstruction efforts. Ukrfinzhitlo's Chairman of the Board, Yevhen Metzger, expressed confidence in the positive outcomes of the collaboration and its impact on the country's development.

The memorandum of cooperation was signed during the international conference on the restoration of Ukraine (URC 2023) and witnessed by First Deputy Prime Minister and Minister of Economy, Yuliya Svyridenko. The partnership between J.P. Morgan, Alvarez & Marsal, and Ukrfinzhitlo marks an important step forward in bolstering Ukraine's mortgage lending sector and attracting foreign investment for the country's reconstruction and development.

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