On December 2nd, 2019, Agroprosperis
Bank was announced a Leader in agribusiness financing at the 11th
Ukrainian Competition “Bank of the Year 2019”, held by Bankir International
Financial Club.
Agroprosperis Bank is the first bank in
Ukraine to lend against crop receipts, and have been successfully working with
this tool for four years.
Each year the Bank doubles the volume of
funding for the agricultural sector, while financing only small and
medium-sized agricultural producers with the greatest demand on financing. In
Agroprosperis Bank farmers with just 100 hectares of land actually receive
financing for business and nearly half of the bank's customers cultivate up to
500 hectares of land.
As a result small but promising
agricultural producers receive sufficient funding and, therefore, the
opportunity to grow and scale their business. There are farms that in a few
years of cooperation with the bank were able to increase their turnover by 5-10
times!
Agroprosperis Bank works for the benefit
of Ukrainian agriculture and aims to become the # 1 bank for small and
medium-sized agricultural producers.
