OTP Bank offers agricultural loans under the partnership program with "ECOORGANIC"
OTP Bank has expanded the list of partner programs - from now on, clients can receive targeted financing in hryvnias for the purchase of microfertilizers from the Scientific and Production Company "ECOORGANIK".
Loans are granted for a term of up to 12 months. For a term of up to 6 months, a preferential rate of 0.01% per annum applies. After the end of the grace period, base rates apply in accordance with the bank's credit policy, depending on the type of collateral.
Financing can be obtained in the amount of UAH 0.5-20 million. Financing without collateral is possible for credit limits up to UAH 3 million. The borrower's one-time fee is 1%.
Among the basic requirements for the borrower there are conducting specialized activities for more than three seasons and a land bank of 200 hectares or more.
The product range of "ECOORGANIC" includes three lines of fertilizers for foliar nutrition of plants: "ECOLINE", "GROS", "POLIACTIV", and two lines of liquid starter fertilizers: NPK "PHYTOSTART" and NPK+ME "MULTISTART".
"For our agrarian clients, such programs are extremely important, especially on the start of spring sowing eve, because the new partner of the bank "ECOORGANIC" offers microfertilizers. This is a product without which it is impossible to imagine today's agrarian sector. Therefore, we developed the terms of granting loans very carefully so that as many clients as possible could get the financing they needed," said Ivan Yerko, head of the Agro Factory department.
To read more about the partner program please follow the link.
The research and production company "ECOORGANIC" specializes on the production of preparations for agriculture. Today, microfertilizers for foliar nutrition of plants form the basis of the company's products "portfolio". Scientific research, implementation of innovative and highly effective fertilizers for the agricultural sector are the company's priority areas of activity.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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