In wartime, the banking sector remains the main source of additional financing for Ukraine’s agribusiness, including for modernizing production, upgrading agricultural equipment, and developing processing. This was stated by Pavlo Guzyr, Head of Alternative Sales Channels, Agro Fabrika, OTP BANK JSC, during the international conference Black Sea Grain. Kyiv – 2025, organized by UkrAgroConsult.
The Bank’s expert took part in a panel discussion entitled “Hot corners and zigzags in the regulation of agricultural exports 2024-2026” together with Oksana Osmachko, Deputy Minister of Agrarian Policy and Food of Ukraine, Olena Voloshina, Head of the International Finance Corporation (IFC) in Ukraine, and representatives of the agricultural market.
“The banking sector undoubtedly occupies a leading position among sources of additional financing for the agricultural sector. According to the Ministry of Agrarian Policy and Food of Ukraine, last year banks financed Ukrainian agribusiness with UAH 100 billion. At the same time, 52% was issued by banks with foreign capital. As one of the leaders in financing agribusiness, OTP BANK offers a wide range of programs for business. We divide all our programs into two broad categories: working capital replenishment and investment lending. The first allows you to raise funds for current purposes, including the purchase of seeds, grain, and other agricultural raw materials for trading and processing, export and import operations, etc. Within this area, the Bank provides financing under the terms of the “Affordable Loans 5-7-9” program, standard financing rates in hryvnia and foreign currency, partner compensation programs, trade factoring, and documentary operations. The second area includes programs to attract financing for the renewal of agricultural machinery and freight transport, the modernization of elevator equipment, and the development of processing capacities. OTP Bank is also a leader among banks in financing agricultural producers under agricultural financial receipts. Currently, the Bank is actively involved in the introduction of a new financial instrument – agricultural notes, which are being implemented in Ukraine by the IFC with the support of the Swiss Confederation,” said P. Guzyr.
He added that Ukrainian farmers are increasingly interested in banking programs and are actively attracting loans for various purposes. In particular, OTP Bank is seeing growing interest from businesses in raising funds for energy-efficient solutions that ensure energy independence for enterprises. The bank is implementing a special program under which it provides loans to businesses for the installation of solar power plants, generators, cogeneration units, and other energy-efficient equipment. This program also provides up to 15% cashback from the amount of financing with the support of the European Bank for Reconstruction and Development.
At the same time, OTP BANK provides financing for up to 7 years to agricultural enterprises for the purchase of agricultural land. “Farmers are actively interested in this loan program. The Bank is currently considering several dozen requests from agricultural producers seeking financing for the purchase of agricultural land in various regions of Ukraine,” said P. Guzyr.
He noted that OTP BANK also participates in state programs to support the agricultural sector, in particular the “Made in Ukraine” program, which provides up to 25% compensation for the cost of agricultural equipment from domestic manufacturers. “This program is extremely popular among Ukrainian farmers. I think it should definitely be continued and expanded. “Made in Ukraine” is a successful example of state support for domestic producers, as it stimulates the production of both agricultural products and agricultural machinery and equipment,” emphasized P. Guzyr.
Read more about OTP BANK’s agribusiness financing programs in Pavlo Guzyr’s column for Agravery: https://agravery.com/uk/posts/author/show?slug=bankivske-kredituvanna-ak-osnovne-dzerelo-dla-zalucenna-dodatkovih-kostiv-v-agrosektor-v-umovah-vijni
Source: https://interfax.com.ua/news/press-release/1072303.html
