UKRGASBANK issued UAH 2.4 billion worth of preferential loans to farmers

UKRGASBANK continues to support a strategically important segment of customers - agricultural enterprises. Since the beginning of 2023, the Bank has provided agricultural producers with loans worth almost UAH 2.4 billion for sowing campaign. Mostly, they took loans for the purchase and modernization of agricultural machinery.

The Bank granted financing to the clients from 21 regions: from small-scale farmers to large agro-industrial companies. The top 5 regions by the number of loans are Odesa, Kyiv, Ternopil, Vinnytsia, and Cherkasy.

The majority of customers received preferential loans under the "Affordable loans 5-7-9%" state support program in combination with portfolio-based state guarantees covering up to 80% of the loan collateral. Also, lending under the "5-7-9%" program can be combined with partner programs from suppliers and manufacturers of agricultural machinery, fertilizers, seeds, and plant protection products.

02.06.2023