Key figures of the partnership programme
First Ukrainian International Bank (PUMB), together with Eridon, offer agricultural producers sowing-season financing with minimal servicing costs. The package includes a number of specific conditions with fixed rates and terms that are worth comparing before making a choice.
All numerical indicators of the programme are collected below to quickly assess its attractiveness and suitability for a farm’s needs.
| Metric | Value | Term / comment |
|---|---|---|
| Rate for seed, plant nutrition products and plant protection products | from 0.01% per annum | 9 months |
| Rate for mineral fertilisers | 0.01% per annum | 6 months |
| Commissions for providing financing | none | — |
| PUMB — length of operation | 35 years | 187,000 corporate clients, over 2,000,000 individual clients |
| Eridon — market presence | since 1993 | over 15 years as No. 1 in comprehensive supply |
0.01% per annum for 9 months for seed and plant protection products
Agricultural producers can purchase seed, plant nutrition products and plant protection products (ZZR) from well-known brands Syngenta, Limagrain, Basf, Bayer, Ifagri at a preferential rate from 0.01% per annum for 9 months. This condition effectively makes the purchase of critical sowing inputs interest-free over the season.
Additionally, the financing terms provide for no commission fees for granting the loan. This simplifies the calculation of the total purchase cost and can reduce the need for working capital during the most active preparatory period before sowing.
0.01% per annum for 6 months for mineral fertilisers
For mineral fertilisers the programme offers a rate of 0.01% per annum for 6 months. This term allows covering the first stage of fertiliser application before or during the sowing campaign without significant short-term financial expense.
The shorter term for fertilisers reflects their cyclical use in the agricultural process and allows the financing to be repaid more quickly after the sale of produce.
PUMB: 35 years of operation and a reliable client base
First Ukrainian International Bank (PUMB) has operated in the market for 35 years and positions itself as the largest Ukrainian bank with private capital. The announcement states that the bank is trusted by 187,000 corporate clients and more than 2,000,000 individual clients.
PUMB is also included among the systemically important banks for the country, which can influence the perceived risk in partnership programmes for agricultural producers.
Eridon: experience since 1993 and leader status
Eridon has been operating on the market since 1993. The article emphasises that for over 15 years Eridon has been No. 1 in comprehensive supply of Ukrainian agricultural producers with plant protection products, seed and fertilisers.
Partnership with a supplier of this scale enables offering a wide range of brands and structuring credit products tailored to specific farm needs.
Where to find details and how to use the programme
Details of the lending terms, including the application procedure and expanded conditions, are available at this link. Brief information can also be obtained by calling the bank’s hotline on 0 800 501 275.
The programme gives farmers the opportunity to prepare for the sowing campaign with minimal financial costs and a simplified application procedure, allowing them to focus on choosing seed and fertilisers rather than searching for funds.
