Головна Economics and agricultural policy The funds for partial compensation of loans to the agro-industrial complex have...

The funds for partial compensation of loans to the agro-industrial complex have been fully allocated

As of today the support to the farming entities of the agroindustrial complex by partial compensation of the interests for using the loans has been finished.

The funds in the amount of 1 200 million UAH have been fully allocated, ProAgro Group reports referring to the information of the Ministry of Agrarian Policy and Food.

Funds were received by more than 4.4 thousand borrowers who applied to the authorized banks. The total amount of loans taken by agribusinesses was UAH 95.5 billion, of which soft loans (subject to compensation) amounted to UAH 62.4 billion.

The average interest rates of banks at which agribusinesses attracted loans amounted to 14-16% per annum.

Of the total number of authorized banks that signed the Memorandum on General Principles of Cooperation with the Ministry of Agrarian Policy (39 banks), 35 banks took part in granting compensation on loans.

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