Nibulon received financing from “Pumb” bank for the first time

Ukrainian agroholding Nibulon has received $5 million in financing from “FUIB “Pumb” bank for the first time.

The bank offered an innovative financial solution for the market with a term until August 2029, which marked the beginning of cooperation between the two partners, Nibulon said.

Nibulon CEO Andriy Vadaturskyi commented that the company continues to attract new financial resources to ensure stability and development of its operational activities.

According to Serhiy Magdych, Deputy Chairman of the Board for Corporate Business of the “PUMB” bank has many years of experience in the corporate sector and understands its needs well, so it decided to support Nibulon by providing a new loan to replenish working capital.

USM previously reported that Nibulon has fully repaid its investments in the terminal on the Danube. Since the opening of the Bessarabska branch, it has shipped over 3.8 million tons of grain and oilseeds.