Notification to participants of Cheaper loans program from the Ministry of Economy

Raif clients-participants in the program of cheaper loans from the Ministry of Economy must submit their updated applications to the bank for compensation.

Please do not delay as it must be done no later than April 10, 2021. According to the decision approved by the Cabinet of Ministers, only in this case your agreement can be included in the register for November-December 2020 and you will be able to receive appropriate compensation for the cost of the loan.

How can Raif client sign an updated statement? Choose one of the most convenient option for you:

- or QDS and send it to the e-mail box of your bank manager,

- or paper signature and bring to Raif office.

Take care of yourself and your loved ones by using the electronic document transmission channel.

Please note that in the 2021 budget year, not only production costs are subject to compensation, but also other costs associated with the replenishment of working capital. The register of expenses is prepared only if you have used credit funds for the development of animal husbandry and apply for interest compensation of UAH 5 million per year.

Raiffeisen Bank Aval cooperation with the Ministry of Economy on state funding programs for farmers has been going on for more than a year. According to the results of 2020, about a third of state compensation to farmers has been received by Raif clients, so the bank has become the leader in this indicator among other financial institutions in the country.

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