Business news from Ukraine

Business news from Ukraine

Oschadbank Increased MHP’s Loan Portfolio by UAH 500 Mln

3 June , 2026  

State-owned Oschadbank increased the loan portfolio of the MHP group of companies by UAH 500 million by providing a blanket credit line to replenish working capital, the financial institution announced on Wednesday.

According to a press release from the bank, taking into account the new financing, the total amount of funds provided to MHP under the general credit agreement exceeded UAH 2.66 billion.

“For companies demonstrating a high level of financial management, Oschadbank is ready to offer not only large credit lines but also flexible financing instruments without collateral,” said Serhiy Chernikov, director of the bank’s corporate business department.

It is noted that the new unsecured credit line will enable the company to finance its current operations, maintain production cycles, and fulfill its obligations to partners.

As reported, Oschadbank’s loan portfolio for the first quarter of 2026 increased by 2.5%, or by 3.14 billion UAH, to 130.59 billion UAH; specifically, loans to legal entities rose by 1.9% to 102.74 billion UAH.

According to the National Bank, as of April 1, 2026, the state-owned bank, with net assets of UAH 500.9 billion, ranked second among the country’s 58 banks.

MHP is the largest poultry producer in Ukraine and also produces grains, oil, and meat products. The agricultural holding’s production facilities are located in Ukraine and the countries of Southeast Europe.

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