FUIB extended loan agreement with A.G.R. Group

The First Ukrainian International Bank (FUIB) extended the loan agreement with Misak Khidiryan's A.G.R. Group.

As part of the annual financing review, the company successfully passed this procedure, as a result of which the FUIB reduced the interest rate on tranches of the credit line both in USD and UAH for A.G.R. Group.

Learn more: Active Agri Investor: Facts to Know about Misak Khidiryan's A.G.R. Group

The annual mandatory review of the loan agreement terms testifies to Misak Khidiryan's A.G.R. Group's stability and its commitment to meet the obligations in a timely manner.

"A.G.R. Group has been credited by the FUIB for over three years now. We are proud that throughout the entire period of cooperation all the obligations assumed by A.G.R. Group have been fulfilled on time and in full. We highly appreciate the partnership with one of the country's largest banks and look forward to further mutually beneficial cooperation," said A.G.R. Group Chairman of the Board Igor Shestopalov.

As a reminder, founded by Armenian entrepreneur and financier Misak Khidiryan agricultural holding A.G.R. Group manages 28.8 thou. ha in Poltava, Kyiv, Chernihiv and Sumy regions.