Pivdenny Bank tripled the number of partners in SME credit programs
The number of bank partners in loan programs in 2018 had tripled compared with last year.
Pivdenny Bank improves and develops direction of affiliate programs in order to attract partners to collaboration and the opportunity to finance bank’s clients at a more profitable interest rate.
Each month the number of clients is growing. Among them there are companies, which supply agricultural equipment, various fertilizers, seed protection, and etc.
Pivdenny Bank offers a unique opportunity to get a loan to buy farm equipment, machines, seed protection and other equipment for the period up to 60 month for the 0.1% annually in national currency. According to the results of partner lending, the loan portfolio of the bank for the 1st quarter of 2018 increased 2 times and amounted to UAH 52.5 million compared to 1 quarter of 2017 (26 million UAH).
“Our bank serves all participants of the agrarian market - from suppliers of seeds, plant protection products, machinery to processors, traders and exporters. Analyzing the needs of market players, we develop special offers for the most favorable conditions. Affiliate programs can reduce the financial burden on customers. We have quite a few such programs. At the same time, some of them are aimed at lending working capital, and some – to finance the investment needs of small and medium-sized business clients. In the near future our goal is to maximize the partnership programs for the purchase of agricultural equipment, crop protection products, fertilizers, etc., and also create a number of new partnership programs that will cover the needs of the entire agricultural segment”, – said Nina Taranenko, Director of the Small and Medium Business Department of the Bank.
It should be noted that, in addition, the bank has developed a special product for the clients of the agricultural sector – the Agro tariff package. The main advantages of the tariff package: 10 free payments in national currency, free opening of the first current account in national and foreign currencies, favorable fee for withdrawing cash from the current account, free registration of a corporate payment card, free installation and maintenance of the Internet banking system.