Credit Dnepr Bank and distributor of agrotechnics of leading world brands UkrFarming will give Ukrainian farmers favorable conditions for modernization of production

22 September 2016

Credit Dnepr Bank together with UkrFarming starts implementing a partnership program for lending Ukrainian farmers for the purchase of agricultural machinery from one of the world's leading manufacturers - Case IH. Within the framework of the program, clients can receive funding for a period of 12 to 30 months with an advance payment of only 20% of the cost of equipment and a seasonal repayment schedule. The decision on the loan is taken by a simplified procedure and with the minimum requirements for the package of documents.

"The agro-crediting market has really started to revive, as we see it as the activation of our clients and the growth of the loan portfolio. Ukrainian agrarians now mostly use bank lending for the purchase of consumables - seeds, plant protection products, fertilizers, etc. But at the same time, we are sure, without investment in Technology in the future, the agrarian sector - the basis of Ukrainian exports - can become simply uncompetitive, "said Tetyana Poplavskaya, head of sales management in the agribusiness of Bank Dnipro Credit. By seeking to reduce lending rates in general on the market, we are also trying to find additional opportunities for minimizing costs for customers, such as the implementation of such partner projects as a bank program with UkrFarming, one of the leading distributors of world-renowned and proven brands of agrotechnics in Ukraine. , - proposes to Ukrainian farmers to solve several important issues at once - to quickly upgrade production at rising costs. "

As noted by UkrFarming, today the development of the agrarian sector is hampered precisely because of the use of outdated technologies, which in turn leads to inefficient use of resources.

"The capabilities and resources of the Ukrainian agroindustrial complex are much wider than those that exist today. But without modernizing the technical base, Ukraine will not be able to maintain leading positions among the world's producers in the future, and the industry remains the first one to export in our country," says Alexander Kurkazishvili, director of UkrFarming - We are trying to minimize the financial burden on our clients by introducing partnership programs with banks and leasing companies. Now we are starting to work with Bank Credit Dnepr, offering our customers favorable conditions. and the comfortable conditions for the acquisition of modern high-tech equipment capable of increasing their productive capacity and improving the quality of production.In addition, the use of innovative technology in the industry saves the subsequent costs of producers, which respectively affects the growth of profit and increase the yield at the same size of cultivated land " .

For reference:

Credit Dnepr Bank was founded in 1993, currently belongs to Group I according to the NBU classification (banks whose share of assets exceeds 0.5% of assets of the banking system).

The only shareholder of Bank Dnipro Credit is the "Brancroft Enterprise Limited", which is indirectly owned by Victor Pinchuk.
The reliability and stability of the bank is confirmed by authoritative rating agencies. In particular, the rating agency IBI-Rating confirmed the rating of the bank on the national scale at the level of "uaA-" with the forecast "in development" and the reliability rating of deposits at the level of "4+" (high reliability).

Credit Dnepr Bank is included into the rating of the long-time financial institutions of Ukraine, the journal "Personal account". Within the framework of the study "Transparency of Ukrainian banks: steps to Europe" from IBI-Rating and the international financial club "Banker", the Bank of Credit Dnepr received the nomination "European Partnership" and became the only bank with Ukrainian capital recognized as one of the most investment-attractive financial institutions in the country. As a result of work in 2015, Credit Dnepr Bank became the winner of the competition from the international financial club "Banker" in the nomination "The best bank for deposit programs for the population".

In May 2016, according to an annual survey of "50 leading Ukrainian banks" conducted by the "Financial Club" analytical group, according to the general rating, the bank maintains confident positions among the top 50 financial institutions in the country. In 2016, the Credit Dnepr Bank became one of the winners in the "Stable Partner" nomination of the XIXth annual "Financial Oscars" competition, which holds the business weekly "Business" on the basis of the work over the past year.

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