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MTB BABK in partnership with the EIB secured funding of G.R. Agro investment project

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22.10.2021
MTB BABK in partnership with the EIB secured funding of G.R. Agro investment project - photo - mtb.ua

Early in 2021, the PJSC ‘MTB BANK’, Ministry of Finance of Ukraine and National Export-Import Bank of Ukraine signed a trilateral agreement envisaging loans in terms of the EIB projects targeted at supporting a real sector of economy and developing small and medium-size businesses of Ukraine.

MTB BANK funded G.R.Agro for procuring 10 Renault haulers of T series and 10 dump trucks with the capacity of 50 m3 the company ‘ZASLAW’. The bank funded the project in two programs. One part of the project was funded with loan funds, and the other one – under the specialised common program of MTB BANK and European Investment Bank.

‘The agricultural sector of Ukraine has a strong potential of growth. The forehanded lending furthers the business growthб and makes it possible not just to extend its market share but to work successfully in foreign marketplaces,’ said the Chairman of the Management Board of the PJSC ‘MTB BANK’. – The programs of the European Investment Bank are devised for the mature business that forms an added value cost, has a market share and intentions to augment it through some specific actions, Our bank is always willing to assist agricultural producers in using all the advantages offered MTB BANK affiliate programs with the lead European institutes. We believe, the large agrarian country will be!’

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