Piraeus Bank and "Concern Khlibprom" conducted a loan agreement

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Piraeus Bank and "Concern Khlibprom" conducted a loan agreement

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Piraeus Bank and "Concern Khlibprom" conducted a loan agreement

22 March 2017

Piraeus Bank and "Concern Khlibprom" concluded a loan agreement with the credit limit of 100 mio UAH. The agreement was signed in March 2017, as press service of the bank informed.

“Khlibprom" considers the new loan as the signal of creditor confidence in the company and result of its positive reputation on the debt market. Moreover, it demonstrates the loan market recovering and investing appeal increasing.

“We are proud of the cooperation with the Concern Khlibprom PJSC, which is one of the largest companies on Ukrainian bread market and innovative industry operator,” Maryan Shabatura commented, “the project also confirms the Bank commitment to take an active part in the development of Ukrainian economy as a whole and in particular the west region of the country. This is evidenced in accordance with banking plans increasing of loan portfolio up to 120%.”