Thursday, November 3, 2011

Banks confirmed their readiness to lend to Ukrainian farmers

Representatives of the largest foreign banks in Ukraine is interested in cooperation with the Ukrainian farmers, and expressed willingness to lend to domestic producers of agricultural products. Such an arrangement was the result of a meeting of the Minister of Agricultural Policy and Food Nicolas Prysyazhnyuk with Chairman of the Board of banking institutions. About this LIGABusinessInform press service Minagroproda. "Attraction of credit funds in the production of agricultural products is one of the key objectives of Minagroproda. Now domestic manufacturers are interested in the possibility of lending the next harvest, therefore, cooperation with banks is an integral part of forming the basis of food security of Ukraine and domestic consumers. As a result of agreements by foreign banks confirmed their readiness to lend farming. I am convinced that the new financial capabilities will allow Ukrainian farmers to be more proactive in the global food market ", - said N. Prisyajnyuk, summing up the meeting with the heads of banks. In particular, the meeting was attended by First Deputy Chairman of National Bank of Ukraine Yury Kolobov, chairman of Ukrsotsbank Tymonkin Boris, chairman of the "OTP Bank" Dmitry Zinkov and CEO of Raiffeisen Bank Aval Vladimir Lavrenchuk. In addition, the head Minagroproda informed that today the Ministry in conjunction with the National Bank of Ukraine to develop mechanisms to simplify lending procedures of agricultural producers and takes into account the experience of European countries to create favorable conditions for development of the agricultural business. Source: BIZ.liga.net

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