OTP BANK received EBRD “Food Security Champion” award
OTP BANK JSC has been honored with the “Food Security Champion” award by the European Bank for Reconstruction and Development (EBRD). This recognition highlights the Bank’s significant contribution to strengthening Ukraine’s food supply system, particularly through its support of the agricultural sector during wartime.
“Agriculture and the food industry are fundamental pillars for the country, ensuring societal stability and economic resilience. We sincerely thank the EBRD for this important recognition, and our clients and partners for their trust. OTP BANK continues to provide financial solutions to clients in the agribusiness sector, support small and medium-sized enterprises, and maintain the highest standards of quality, sustainability and safety,” said Ivan Yerko, head of OTP BANK’s project “Agro Factory”.
The award underscores the trust placed in OTP BANK by both its clients and international partners, demonstrating the EBRD’s recognition of the Bank’s ability to effectively deploy its resources and instruments in projects aimed at developing agribusiness and ensuring stable food supplies. This means more tailored financial solutions for agribusinesses and easier access to loans and guarantees for companies.
In partnership with the EBRD and supported by the European Union, OTP BANK offers a unique program providing loans of up to EUR 3 million with partial reimbursement of 10%–30% of the financed amount for eligible projects and sub-borrowers. The program is available to women entrepreneurs, persons with disabilities, relocated businesses or those affected by the war, as well as veterans or those who employ or provide services to veterans. The interest rate is set under the government’s “5-7-9” program or at the market rate. More details are available via the link here.
Agrofabrika is OTP BANK’s scoring project offering a flexible and unique approach to collateral requirements, as well as specialized tools for automation and client creditworthiness assessment. Learn more about the terms and conditions here.
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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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