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OTP BANK starts accepting applications for participation in state program of state compensation for the cost of Ukraine-made agricultural machinery and equipment

OTP BANK starts accepting applications for participation in state program of state compensation for the cost of Ukraine-made agricultural machinery and equipment

“OTP BANK” JSC as authorized bank joined to the state program “Made in Ukraine” and starts accepting applications for partial compensation for the cost of Ukraine-made agricultural machinery and equipment.

From now on, when buying machinery from producers, who are included in list, approved by Ministry of Economy of Ukraine, agrarians can receive via Bank a 25% state compensation of cost of this machinery.

“Ukrainian agrarians, including our clients, waited for this program for a very long time. I am sure, that program would have positive impact on Ukrainian agri-sector and machinery industry. Our Bank continue providing of various loan programs with special conditions for agricultural producers, which are implementing together with our partners. From now on OTP BANK`s clients can use one more support program. This time it is provided by state” – emphasized Ivan Yerko, Head of scoring project “Agro Factory” by “OTP BANK” JSC.

In order to receive compensation one should chose provider from list on Ministry of Economy website, buy machinery from it and pay with money from current account, opened in OTP BANK. After this buyer should apply to the Bank and provide confirmation documents.

Application and documents should be providing to the Bank in OTP BANK branch or remotely via online-banking system Click OTPay. It will be possible to receive compensation after the Ministry of Economy approves the application.

Compensation is providing for machinery, which were bought from the day of approval of List of Ukrainian machinery and equipment for agro-industrial complex, cost of which is partially compensated at the expense of budget funds, namely from 8 April 2024.

The full list of suppliers can be found at the link.

To remind, OTP BANK received an award from the business portal Delo.ua and the magazine "TOP-100: Ratings of the largest" and entered the top five in the nomination "Bank with the best conditions for farmers".

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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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