High agrisse in Bank Credit Dnepr: novelty for the farmers

02 July 2019
The beginning of July is a traditionally hot time for farmers: harvesting the first crop, planning for the modernization and purchasing of missing harvesting and tillage equipment. Most often, prices for agricultural products at the height of harvesting are far from peak, and a modern unit is needed here and now. Bank Credit Dnepr is for such cases offers a loan "Agrotehnika Express" - a novelty on the market, a simple and timely solution, a great alternative to installments from the sellers of equipment. By providing its personal banking agro manager with a minimal package of documents, the client will receive a decision within two days, which will allow him to immediately, without the expenses of the notary and various procurements, to acquire such necessary equipment. Full or partial financing of the purchase of equipment up to UAH 2 million is issued for a term up to three years at a rate of 24% per annum in UAH.
 
"Our new proposal is interesting for a small farmer, giving him the opportunity to quickly and easily, with a minimum annual load on business, be lendered for a term of up to three years and buy such a necessary technique," said Alex Tsymbalyuk, Head of Sales Management at AgroBusiness Bank Credit Dnepr. - For large manufacturers this is a good alternative when an urgently needed inexpensive unit, and to finance its purchase, the bank serving the client, requests a standard volume package of documents and takes decisions 1-2 weeks. Also, the product "Agrotehnika Express" has raised interest in more than 30 partners of the bank - the leading dealers of modern import and domestic technology - as an instrument for resolving the urgent issue of reducing their receivables. "
 
The banker stressed that the work on the introduction of the product was accompanied by parallel negotiations with domestic manufacturers of technology, because the price segment of their products perfectly fits within the scope of the maximum loan amount of 2 million USD. As a result, partnership agreements were signed with LLC "Trading House OJSC" Kharkiv Tractor Plant "and LLC" Slobozhanska Industrial Company ", at the stage of signing an agreement with the well-known Ukrainian brand" Lozovski Machines ".
 
Trusting its active customers and having confidence in the emergence of new clients, Bank Dnipro Credit also increased the amount of unsecured loan Agrooborota Express from 1 to 2 million USD and introduced a financial limit - a unique tool through which customers when applying to the bank receive not only a loan, which they are interested in, but also a long-term solution for 12 months on the maximum possible amount of lending.
 
For more detailed information on the target product offers of Bank Dnipro Credit for agribusiness, please refer to the link.

For reference:

Credit Dnepr Bank was founded in 1993, today it is a member of a group of banks with private capital in accordance with the NBU classification. The sole 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 a "development" forecast and a deposit rating rating of "4+" level (high reliability). In the framework of the study "Transparency of Ukrainian banks: steps to Europe" from IBI-Rating and the international financial club "Banker", Bank Credit Dnepr was awarded the "European Partnership" nomination as the only bank with Ukrainian capital among the most investment-attractive financial institutions in the country. Credit Dnepr Bank became one of the leaders in the financial rating of the business weekly "Business" in nominations "Corporate Partner", "Agrobank", "Best Service for SME Clients", "SME Support" in 2018-2019, Prostobank Awards-2018 First Award in the nomination of the best retail loans in cash and the winner in the "Savings Bank for Business" nomination rating "2019 Banks", winner of the FinAwards 2019 Award.

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