The financial market of Ukraine has taken another step toward expanding opportunities for farmers – the country’s first agrarian note has been issued. The pioneer in introducing this instrument is the Agroprosperis Group. We congratulate the market and all participants on this significant achievement and the launch of a promising financial mechanism.
An agrarian note is a modern instrument that expands access to financing for agricultural producers. Similar to agrarian receipts, it makes agricultural lending more flexible and convenient, helping farmers meet their working capital needs in a timely manner.
Agroprosperis Bank, which was the first bank in Ukraine to start lending against agrarian receipts nine years ago, consistently supports the implementation of innovative solutions for agribusiness. “We are pleased to join global experience and highly appreciate the innovations introduced by the International Finance Corporation in cooperation with the National Depository of Ukraine for the agricultural sector. Considering the professionalism of the entire Agroprosperis team and our own experience in applying agrarian receipts, Agroprosperis Bank is working on the use of agrarian notes in financing agricultural producers, opening up even more opportunities for clients to access financial resources,” said Serhii Kozlov, Member of the Management Board of Agroprosperis Bank.
The Agroprosperis Group systematically implements advanced technologies in all areas of its operations – from agricultural production and grain storage to financing and management. Agroprosperis Bank is pleased to have access to the Group’s expertise and innovations and shares its own experience in implementing financial instruments to jointly provide Ukrainian farmers with effective solutions for growing their businesses and strengthening the country’s agricultural sector.
