Aval of AGRI promissory notes

 

This product assumes OTP Bank takes the risk of non-payment by a farmer in favor of a distributor of crop protection chemicals/mineral fertilizers for products purchased with deferral of payment. Agricultural producers, in their turn, receive the deferral of payment for the goods and a discount from manufacturers of crop protection chemicals and fertilizers.

Basic conditions of financing:

Maximum amount: UAH 2 000 000.

Tenor of financing:

  • a general tenor: 1 year;
  • a term for redemption of each AGRO promissory notes: up to 1 year.

Currency of financing: UAH.

Pricing:

  • Commission for aval of AGRO promissory notes: 3% p.a.
  • Organization fee: 2%.

Possible collateral (or its combination): financial surety of the borrower`s owners.


We guarantee that the representative of Corporate business OTP Bank will contact with you within 1 working day.
 
More detailed information can be obtained by calling the Information Center
  • phone: (044) 490-05-25, (044) 490-05-00 (24/7)