Financing for Startup Agri-Bank in Ukraine
Delphos assisted its client AP Bank in structuring a $10 million commitment from OPIC to support the growth of its balance sheet. AP Bank was created through the acquisition of a defunct banking corporation and launched in 2016 to serve the needs of farmers in Ukraine. AP Bank provides short-term loans to the agribusiness space to support working capital needs including the purchase of seeds, sprays, and equipment.
Details
Category
- Financial Services
Client Name
AP Bank
Services Provided
- Capital Raising
Region
- Central & Eastern Europe
Country
- Ukraine