Credit Dnipro Bank joined the state program for the development of lending to the agricultural sector by signing a Memorandum of Cooperation with the Ministry of Economic Development, Trade and Agriculture of Ukraine on the implementation of state financial support for agricultural producers and receiving the status of an authorized financial institution. attracted bank loans at the expense of funds provided in the state budget under the program "Financial support of agricultural producers".
"We consider it an honor to join the program, which combines the efforts of the state and the banking sector in creating favorable conditions for financial and credit support of farmers," said Oleksiy Tsymbalyuk, head of agribusiness sales at Credit Dnipro Bank. - We are confident that the real opportunity to reduce the cost of credit by obtaining compensation at a discount rate of 1.5, while submitting documents and receiving compensation directly from the lending bank as a state-authorized financial institution, will be a significant advantage for our current and future customers partner for financial cooperation ".
According to the Ministry of Economy, the budget program "Financial support for agricultural producers" for 2020 in the area of "Financial support for measures in the agro-industrial complex by reducing the cost of loans" provides 1.2 billion UAH. More than 2.6 thousand agricultural borrowers who have applied to authorized banks have already received almost UAH 325 million in compensation funds and are developing their business with the help of really available credit resources.
You can learn more about the targeted product offers of Credit Dnipro Bank for agribusiness by following the link.