Taking into account the long and fair partnership and high-quality background of the Ukrainian agricultural producer, the bank provided a grace period until mid-2026 and extended the loan repayment schedule for another 3 years.
CEO JSC ING Bank Ukraine
‘We are aware of how much Ukraine needs such systemic players as NIBULON. We are constantly talking about this with our parent company in the Netherlands, which has demonstrated and unequivocally supported our decision to extend the credit line. We believe in NIBULON’s ability to reach pre-war volumes and continue to supply the world with Ukrainian grain. That is why they have our support.’
Vitalina Marchenko, Head of Corporate Finance at NIBULON:
‘It’s no secret that due to the full-scale invasion, NIBULON has suffered significant losses and is now operating at a third of its capacity. However, despite all the difficulties, NIBULON continues to work in the interests of the industry, Ukraine and global food security. That is why this financial support should be viewed not only as support for our company, but also for Ukrainian small and medium-sized agribusinesses, which manage to stay afloat, among other things, due to the decent purchase price we offer them. We are grateful to our partner banks for this opportunity.’
ING Group is one of NIBULON’s largest creditors and a long-term partner bank for many years. Today, our company continues to cooperate with various offices of ING Group in Amsterdam, Geneva and Kyiv. With this agreement, the debt restructuring with ING Group is fully completed.