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Eng
08 April 2015

Raiffeisen Bank Aval, the General partner of the VI Financial Agribusiness Forum

Kiev. April 8. — the General partner of Financial Agribusiness Forum, which was held for the sixth time, became Raiffeisen Bank Aval. This time the theme of the event, which is traditionally organized by the Ukrainian club of agrarian business, has become an important question “Realities 2015: where to take money?”.

Chairman of the Board of Raiffeisen Bank Aval Vladimir Lavrenchuk, speaking at the opening of the Forum, noted that significantly reduce the cost of financing the agricultural business will help resource-free financial instruments.

“in Conjunction with partners-manufacturers of equipment and means of protection of plants — Raiffeisen Bank Aval offers farmers the resource at the level of 3-4% on average, which is much cheaper compared to current interest rates on loans», — he said. “According to our estimates, the Bank's market share in the total portfolio of agricultural loans of Ukrainian banks is about 15%. Our goal for 2015-to increase this proportion, including through partner programs», — said Vladimir Lavrenchuk.

“We believe that the agricultural business will become “locomotive” of the domestic economy, which will allow to make a breakthrough of Ukrainian goods to the markets of the world», — said the banker.