An alternative type of financing is proposed for agrarians

Submitted by bashun on Fri, 11/17/2017 - 12:21

Credit Agricole Bank is an alternative to agricultural loan instrument financing under the future harvest.

This was reported by the member of the board of Credit Agricole Bank, director of corporate business Larysa Bondarieva during the Ukrainian forum of agribusiness in Kiev, the correspondent of AgroPolit.com reports.

According to Larysa Bondarieva, the program was launched jointly with Syngenta, IC "AXA Insurance" and with the assistance of IFC. Now the program of financing crop insurance is available to agricultural producers in Poltava, Cherkasy and Vinnytsia regions.

Also, a member of the board of Credit Agricole Bank told about the problems with agrarian receipts currently available.

"The main issue now in agrarian receipts, the more operational and technical issues.It is quite costly operational, therefore not all notaries agree to work.Today we cooperate with notaries."

She added that there were also questions to the register.

"The state of the state register is not very satisfactory in order to go out with an active product to the market," sums up Larysa Bondarieva.
 

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