The Ukrainian bank restructured the loan to “Nibulon” for $10 million

ING Bank Ukraine, which is part of the international ING Group from the Netherlands, restructured the loan of the Nibulon agricultural holding.

The bank and the agricultural holding signed a loan restructuring agreement in the amount of $10 million, Nibulon reported.

ING Bank granted a grace period until mid-2026 and extended the loan repayment schedule for another three years.

This agreement fully completed the debt restructuring with ING Group.

Vitalina Marchenko, head of the Nibulon bank department, said that due to the full-scale invasion, the agricultural holding suffered significant losses and is now operating at a third of its capacity.

USM previously reported that Nibulon had sent a second shipment of wheat to Egypt as part of an agreement with the General Directorate of Commodity Supply (GASC).