Credit Dnipro Bank and ALFA Smart Agro have launched a program to finance agricultural enterprises
28 April 2021
Cwith redit Dnipro Bank and ALFA Smart Agro have developed an affordable partnership program to finance agricultural enterprises for the purchase of plant protection products and microfertilizers. Every farm a cultivation of 300 hectares of land and experience in the agricultural sector from 2 years can receive preferential financing and access to modern financial instruments.
"We are responding to customer inquiries about available financing tools, so we continue to expand the range of partners with whom we want to simplify the preparation and conduct of field work for our farmers. The bank is just a service that should be convenient, simple and ready to provide the necessary business support at the right time, our main goal with partners is to become the first person the client will mention when planning his business season, ”says Tetyana Poplavska. Deputy Chairman of the Board of Credit Dnipro Bank.
You can buy plant protection products and microfertilizers as collateral - at 0.01% per annum in UAH in the first 5 months, starting from 6 months. - 13.5%; and without collateral - at 2% per annum in UAH in the first 5 months, starting from 6 months. - 15.5%. The loan application procedure takes up to 5 working days in the amount of up to UAH 4 million and up to 7 days if the amount is larger.
"Every third farm in Ukraine uses ALFA Smart Agro. We are glad that the partnership with Credit Dnipro Bank expands for our clients a set of convenient and profitable financial instruments that take into account the individual needs of agricultural producers. Timely provision of quality plant protection products is an important condition for obtaining the expected yields. And as a Ukrainian producer, ALFA Smart Agro is primarily concerned with increasing the efficiency of agricultural production in Ukraine, ”said Tatiana Mosendz, Commercial Director of ALFA Smart Agro.
The funding program operates in all regions of Ukraine.
ALFA Smart Agro is a leading manufacturer of plant protection products, one of the TOP-5 market leaders in Ukraine. A large number of drugs created by ALFA Smart Agro has no analogues in Ukraine, and the development, production and quality control of ALFA Smart Agro products is in full compliance with international standards.
Credit Dnipro Bank is a Ukrainian commercial bank, the beneficiary is Oleksandr Yaroslavsky, a Ukrainian businessman (TOP-10 Forbes Ukraine in 2020), owner of the DCH group (www.dch.com.ua), which combines the assets of such sectors of the economy as finance, industry, transport, construction and development, etc. The bank is included in the TOP-20 financial institutions of Ukraine in terms of gross assets and according to the classification of the National Bank of Ukraine is in the group of banks with private capital.