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Yuriy Kralov: "The opening of the land market is a great impetus for agribusiness"

Yuriy Kralov: "The opening of the land market is a great impetus for agribusiness" - photo -

Yuriy Kralov: GRAIN UKRAINE  -  an international industry platform for the dialogue of the largest representatives of the agricultural market, heads of Ukrainian agro-food companies, banks, as well as technological trendsetters in the agricultural sphere.

MTB BANK is traditionally a participant in the annual event, where the latest trends in the agricultural market are discussed,  development of sustainable business models and introduction of technological agricultural innovations.

This year's priority topic – Future Grain - the opening of the land market, which will enable agricultural producers to increase their land bank and receive credit or replenish working capital in banks. MTB BANK is actively developing a product line  and services specifically for the field of agricultural production - partnership programs, including from the Ministry of Agrarian Policy, with the European Investment Bank. The bank was one of the first to start lending under financial agricultural receipts (FAR)   and offers factoring services, in particular with the use of blockchain technology. The last example – provision of factoring services on the SupplierPlus online platform. In addition, the Chairman of the Board of MTB BANK Yuriy Kralov noted that before the launch of the land market, MTB BANK is preparing new financial instruments that will help farmers to reach a new technological level: "This is a great impulse for the market, for those who understand the economic value of such an asset as land, therefore the law on opening the land market is an excellent foundation for the development of a serious, large and modern business".

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