Only 3% of OTP Leasing Agro Clients Asked for Deferred Payment due to Quarantine



The quarantine operations of the company have not changed in any way, and there are no particular problems with working with clients. Only 3% of farmers asked to consider deferred payments without penalties.

Vadim Kudriy, head of corporate sales at OTP Leasing, said this during a press conference.

“If a customer has difficulty making payments, we are ready to give a delay until the end of quarantine without penalty. Today it is until April 24, but if the quarantine is extended, then special conditions will also be valid until then, – says Vadim Kudriy. – On the whole, we first offer agro clients seasonal schedules, so now most of them have low payments. »

He also adds that if you look at European banks, the situation is much worse there. In Ukraine, in the agro segment, there are no problems associated with COVID-19.

“Today, the real hardships of those who have suffered from poor harvests, poor climatic conditions in some parts of the country. And quarantine and even the opening of the land market do not lead to a massive revision of the investment plans of farmers, “- he said.

Vadim Kudriy also added that there are people who want to speculate on this topic, but there are few of them.


For information:   AMACO Ukraine, together with OTP Leasing, offer an  EU4Business EBRD loan   and a 10% guaranteed grant for the purchase of agricultural machinery, IVECO commercial vehicles and Bodex semi-trailers.

It is also possible to purchase   WESTERN irrigation systems  with a 0% financing rate for up to 2 years.

Source: AgroPortal.ua