During 2023, the state bank and one of the largest Ukrainian agricultural producers and exporters conducted coordinated work to find mutually beneficial restructuring terms, which was implemented at the end of January.
It is important to note that Ukreximbank is the largest Ukrainian creditor of NIBULON. “For us, it is always a priority to find the possibility of voluntary settlement of debts to the bank, when we see that the borrower is also interested in this. NIBULON is one of such borrowers. From the very beginning, we established a constructive dialogue at all levels and step by step came to a mutually beneficial solution. In the current conditions, the importance of such actions is much greater, because it directly supports our country’s economy,” says Dmytro Kaplyuk, Member of the Management Board, Chief Risk Manager (CRO) of Ukreximbank. “This is a very important event for us, because Ukreximbank is the largest Ukrainian creditor of NIBULON, the history of cooperation with which began 27 years ago. At crucial stages of the company’s development, we could always rely on this banking institution and together we overcame many challenges. Thanks to the support of Ukreximbank, we built a marine transshipment terminal in Mykolaiv, which became a business card not only of Mykolaiv region, but also of the entire independent Ukraine. In 2013-2014, the company’s largest loan portfolio to the bank was $165 million, which characterizes the level of cooperation and mutual understanding that we have achieved over the years and confirmed during the recent restructuring. I am convinced that now we should not wait for help from abroad, we should look for support and understanding on our territory. We found this support in our Ukrainian banks, which embody the state policy. It is the experience of unity during challenging times for the entire country that will allow us to be even more successful, efficient, and experienced after the Victory,” comments Andriy Vadaturskyy, CEO of NIBULON.