Ukreximbank and the EBRD will launch a new lending program for farmers.

 State Export-Import Bank Ukreximbank and the European Bank for Reconstruction and Development will launch a new lending program for farmers. According to the Ministry of Agrarian Policy, representatives of Ukreximbank have announced a joint lending program for farmers with the EBRD, which provides for compensation of 15% for the total of the loan for the purchase of equipment to ensure the enterprises’ operation. Furthermore, it is noted that the participants of the meeting also discussed the possibilities of attracting loans under the 5-7-9 loan program for purchasing generators and other alternative sources of electricity necessary for the smooth operation of the agricultural sector.