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mardi 12 février 2019
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Fax du mardi 12 février 2019 - Tous les titres

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EFSE partners with Agroprosperis Bank to provide local currency loans to farmers in Ukraine

The European Fund for Southeast Europe (EFSE), an impact investment fund advised by Finance in Motion, has provided a local currency loan equivalent to EUR 5 million to Ukraine’s Agroprosperis Bank (AP Bank) to support local farmers and agricultural producers. A member of one of Ukraine’s largest agricultural holdings, Agroprosperis Group, AP Bank is the only specialized financial institution in the country that serves exclusively agricultural clients. The EFSE loan will enable the bank to offer longer-term financing to small and medium farmers and agricultural producers in local currency. By targeting this major sector of the Ukrainian economy, the transaction aims to contribute to overall business and economic development in Ukraine – in keeping with EFSE’s mission to foster...
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