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09.05.2017

Agroprosperis Bank attracts $ 10 million from the US government to lend to agricultural producers

Agroprosperis Bank attracts funding from the Overseas Private Investment Corporation (OPIC), a financial institution of the US government, to expand lending to small and medium enterprise farmers. The approved loan amount is $ 10 million and it is issued for a term of 10 years.

Also, by the end of this year, the shareholder of Agroprosperis Bank plans to increase bank’s authorized capital by another UAH 100 million to UAH 310 million.

As a result, in early 2018, the bank will have the additional UAH 360 million, which will be directed to lending to small and medium-sized grain exporters secured by future harvest or crop receipts.

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