In 2024, Raiffeisen Bank (Kyiv) had UAH 7 billion of new investments in its portfolio, of which UAH 3 billion were for agricultural processing projects, said Yuriy Kozak, Director of Large Corporate Clients, Raiffeisen Bank (Kyiv).
“Since the beginning of the war, customer behavior has evolved. At first, they looked at the operating business, at working capital. In 2023, the demand for investment loans to replace machinery and equipment began to recover. In 2024, we as banks saw a real demand for investment. Clients have already come with new production facilities, new capacities, even new plants,” he said at the Ukrainian Investment Congress in Kyiv on Thursday.
Kozak noted that in 2024, Raiffeisen Bank’s portfolio included requests for new investments worth UAH 7 billion, of which UAH 3 billion was for agricultural processing: starch production, soybean processing, oil extraction plants, bioethanol and biomethane production. In addition, in 2024, a number of clients from the agricultural sector began to build new dairy farms.
He added that Raiffeisen Bank actively assists agricultural businesses and provides loans for 5 years. The bank offers foreign currency loans to companies engaged in export activities, which are quite cheap compared to foreign financing. Speaking about hryvnia loans, the expert noted that they are more expensive due to the political realities in the country, the discount rate and the cost of resources.
Geographical structure of Ukraine’s foreign trade (exports) in January-October 2024, million USD
Source: Open4Business.com.ua
President of Poland Andrzej Duda has stated the need to end the war in Ukraine with a just and lasting peace and emphasized the importance of transatlantic ties, the Polish President’s Office reports.
“Every day we bear the risks of war on our shoulders. The war in Ukraine must end. It must end in a just and lasting peace. Maintaining ties between the United States and Europe is fundamental,” Duda said.
He expressed doubt that increased aid to Ukraine from European countries would be able to compensate for the cessation of US aid, and called on Ukrainian President Volodymyr Zelenskyy to return to talks with the US side on continued support.
“President Zelensky must return to the negotiating table at any cost and as soon as possible, because it is in his interest that Ukraine survives this war. In my opinion, Ukraine will not survive without the support of the United States,” the Polish president said.
According to him, there is nothing to indicate that Europe will change its behavior and provide large-scale assistance to Ukraine. “Perhaps the whole of Europe will radically change its previous behavior and suddenly stand firmly and unanimously against Russia and provide Ukraine with exceptionally large-scale assistance that will allow it to continue to defend and fight. Perhaps it will provide such assistance and Ukraine will not be conquered by Russia, and secondly, this war will end happily for Ukraine. However, after what Europe has done in this regard, there is absolutely nothing to indicate this. If anyone can force Russia to end the war, it is the United States of America,” the president said.
Duda is also convinced that if an agreement is concluded between the US and Ukraine on minerals, “Ukraine will become strategic for the interests of the United States, and I am convinced that they will protect it.”
Ukraine and the People’s Republic of China have signed an agreement on the terms of export of Ukrainian aquatic products and peas to China, the press service of the Ministry of Agrarian Policy and Food reports.
“The Ministry of Agrarian Policy continues to work on opening new markets and scaling up existing ones. Today we have signed an important agreement with the People’s Republic of China,” Minister of Agrarian Policy and Food Vitaliy Koval said on Telegram.
According to the report, the agreement will allow Ukrainian farmers to gain access to one of the world’s largest markets, expand their presence in China, and support producers, especially in the fisheries and grain sectors. Ukraine will be able to increase exports and foreign exchange earnings, diversify its markets and integrate into global trade chains.
These agreements are the result of a dialogue between our countries and a series of high-level meetings. It was also the result of active cooperation between the Ministry of Agrarian Policy and Food of Ukraine, the State Service of Ukraine for Food Safety and Consumer Protection, associations, the General Administration of Customs of the People’s Republic of China, and the Chinese Ambassador to Ukraine, Ma Shengkun. I am confident that we have laid a solid foundation for expanding cooperation, as the last time such a contract was signed with China was more than 5 years ago,” the Minister summarized.
“On March 6, Kyivteploenergo announced a tender for compulsory motor liability insurance, according to the Prozorro e-procurement system.
The tender was also announced for services related to compensation for damage and negative consequences of transportation of dangerous goods by rail for CHPP-5 and CHPP-6, compulsory personal insurance against accidents in transport, compulsory liability insurance of subjects of transportation of dangerous goods.
The total expected cost of services procurement is UAH 3.913 mln.
The last day for submitting an application for participation is March 14.
US President Donald Trump’s administration plans to revoke the temporary legal status of some 240,000 Ukrainians fleeing the conflict with Russia, potentially putting them on a fast-track deportation path, Reuters reported on Thursday, citing senior officials and three sources familiar with the matter.
The publication writes that this is part of a broader effort by the Trump administration to revoke the legal status of more than 1.8 million migrants who are allowed to enter the United States under temporary humanitarian programs launched during the Biden administration.
It was previously reported that in January, the U.S. Citizenship and Immigration Services announced the suspension of the United for Ukraine program for Ukrainians fleeing war in the U.S. due to the January 20, 2025 executive order “Securing Our Borders.”
