The first successful agreements of the UKRSIBBANK pilot farm financing project

UKRSIBBANK BNP Paribas Group provide over 4 UAH of loan fo two clients from the agricultural sector in Vinnitsa during a month of the pilot project. The agreements were implemented with the support of EBRD and were accompanied by UKRSIBBANK expert’s team and Polish colleagues from BGZ BNP Paribas.

Currently agriculture generates about 12% of Ukraine’s GDP and provides more than 10% of workplaces. The export of agrarian products reached 43% of the country’s total exports. It is expected, 2018 year becomes the year of Ukraine’s qualitative breakthrough in the

agro-sector
. That’s why, UKRSIBBANK creates all conditions for the development of small and

medium-sized
farms business.

Nowadays, small and

medium-sized
clients business (legal entities, growers of traditional crops such as wheat, corn, barley, sunflower, etc) can receive a unique offer 12.9% up to UAH

5 m for
the development of their own business — such conditions will be implemented by the end of the year.

«A successful start is based not only on the experience of our colleagues from other countries, but also due to the support of international partners. It was a diligent process, because we have started working with a new segment for us, but our efforts were aimed to positive results and we all got it. We have begun to cooperation with agribusiness on credit products, but in the future we are going to develop and offer other solutions for the financial partnership of the agro segment», — Head of Retail Banking in Podillia Region Larysa Nevmerzhytska noted.

Soon the bank is going to expand the territorial boundaries of the program and offer other business solutions for agrarians as well.