Oschadbank Has Opened a Credit Facility for a Company Belonging to a Transnational Agro-Industrial Corporation*

Oschadbank has opened a multi-currency revolving credit facility with a limit equivalent to USD 10 million for a company that is part of a transnational agro-industrial corporation.

The purpose of the credit facility is to replenish working capital for the purchase of raw materials and to ensure the continuous production cycle of an international company that plays a significant role in the development of Ukraine’s processing industry.

“For Oschadbank, cooperation with a company that is part of a transnational corporation listed on the Fortune Global 500 is a testament to the high standards of corporate governance and quality of service provided by the state-owned bank. I am confident in the high potential of our future cooperation in structuring complex financial solutions, as well as in export and import operations for international companies that, despite the war-related risks, still have a strong local presence in Ukraine. Amid the war, the company's efforts are of particular importance to the economy, as it preserves jobs, supports export potential, and demonstrates that Ukraine still offers a stable environment for long-term international business planning,” said Serhii Chernikov, Director of the Corporate Business Department at Oschadbank.

“Oschadbank is the first state-owned bank in Ukraine we have started cooperating with. It is essential for our company to partner with a financial institution that appreciates the specific nature of our business. We see this expertise at Oschadbank. A revolving credit facility will enable us to diversify our borrowing and respond quickly to seasonality in financing needs, ensuring the continuity of production,” emphasized a top manager of the Ukrainian company, which is part of a transnational agro-industrial corporation.

The agreement confirms Oschadbank’s strategic focus on supporting corporate clients with a stable business model who invest in Ukrainian industry, support jobs, and remain present in the country despite the challenges of wartime.

*The company’s name is not disclosed due to war-related risks.