KYIV, Aug 23 – The Overseas Private Investment Corporation (OPIC), a self-sustaining U.S. government agency, will issue a loan for $10 million to Agroprosperis Bank and guarantees for a $7.8 million loan to PJSC Bank Vostok, according to the OPIC website.
According to the report, Agroprosperis Bank will be provided with the funds for 10 years to expand lending to small and medium-sized agribusinesses. The total volume of the project is estimated at $23.7 million. The main creditor is American NCH Agribusiness Partner II.
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