BANK CREDIT DNIPRO AND PJSC "AGRARIAN FUND" BEGIN THE PARTNERSHIP PROJECT FOR FINANCING AGRICULTURAL MANUFACTURERS

15 May 2018

Bank Credit Dnipro and PJSC "Agrarian Fund" have agreed on a joint program for financing agricultural manufacturers. According to the terms of the program, agromanufacturers will be able to receive advance financing in the amount of 65% of the contract amount when signing a forward contract with the "Agrarian Fund" against the future crop yield within 5 days from the date of signing the contract.

"Demand for the forward program from the "Agrarian Fund "is growing every year, - said Andrey Radchenko, Chairman of the Board of the company. " We decided to attract banks to finance so that as many farmers as possible could use this tool. The main objective of the joint financing program is to support small and medium-sized farms, create a convenient system for obtaining funds to support the production process. "

"The Agro sector remains at the core of our business strategy, motivating us to work on new ways of providing convenient and simple financial solutions and quality services," said Andrey Moiseenko, Deputy Chairman of the Board of Bank Credit Dnipro. - This line of activity has already allowed us to update the client base, improve the dynamics and quality of the loan portfolio, develop expertise for further scaling to other SMEs. New formats of partner programs with leading operators of the agrarian market will allow maximally expand the tools of financial support to agricultural manufacturers in order to increase profitability and efficiency of their activities. "

Read more about the target product offers of the Bank Credit Dnipro for agribusiness through the link.
 

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