Credit Agricole Bank signed a loan restructuring agreement with NIBULON

Credit Agricole Bank signed a loan restructuring agreement with NIBULON.

“We are building a lasting, trustful relationship with our customers. We share a multi-year partnership with NIBULON as well as the desire to contribute to the economy of Ukraine. And we are doing our best to help them persevere and keep growing in the wartime”, - shared Alexandre Tchesnakoff, Board Member at Credit Agricole.

Today, "NIBULON" is the leader of the grain export market in Ukraine and the owner of the country's largest fleet.

“Our companies have enjoyed the successful cooperation of many years. We are grateful to the bank for the quick decision-making and constructive approach in resolving the issue of restructuring the company's financial commitments in such challenging times for the Ukrainian economy. For us as a business that, despite considerable losses, continues to ensure the food security of Ukraine and the world in the wartime, this is yet another proof of the support of international financial institutions for the sake of economic stability and the future prosperity of Ukraine. We thank Credit Agricole Bank for the support and are confident in continuing our mutually beneficial partnership”, – noted Iryna Levkivska, CFO of NIBULON.