Ukraine

Washington D.C, May 23, 2024 – AgriAnalytica, a leading digital platform for MSMEs in Ukraine has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.

“SME Finance Forum proudly welcomes leading digital platform for MSMEs in Ukraine to our network. It is with great pleasure I welcome AgriAnalytica to SME Finance Forum which is in line with our strategy of onboarding leading MSME lending solution provider in FCS countries for impact,” said Qamar Saleem, Head of SME Finance Forum.

"AgriAnalytica, a pioneering B2B platform developed by AgriAnalytica LLC with strong support from international donors such as USAID, DSIK, IFC  and EFSE DF, is dedicated to empowering Ukrainian agri MSMEs (Micro, Small, and Medium Enterprises). The platform's mission is to revolutionize access to finance, markets, and knowledge for MSME farmers through innovative solutions. AgriAnalytica addresses the critical challenge of agri MSME access to finance by offering a cloud-based platform and credit  decisioning support technology for agri MSME Lenders  that integrates a comprehensive suite of SaaS/PaaS tools, enabling risk-mitigated, cash flow-based lending. Currently, the platform boasts a network of over 18,000 users from all regions of Ukraine, including those in occupied areas.

Key features include the AGRI Credit Analysis system, which provides detailed financial indices required by banks and regulators, and the AGRI Land module for thorough due diligence on land acquisitions. Additionally, the platform’s AGRI Accounting and AGRI Business Plan tools streamline farm management and business planning, enhancing productivity and profitability. Furthermore, the AGRI-Expert module, with its 220+ registered subject-matter experts, augments current efforts and accelerates new initiatives by reducing R&D and project management costs through specialized knowledge and experience. As an online marketplace, AgriAnalytica connects farmers with banks, suppliers, and buyers, fostering a more integrated and efficient agricultural ecosystem. This comprehensive approach ensures that MSME farmers can thrive in today's competitive market by leveraging cutting-edge technology and data-driven insights."

“As we embark on this journey with the SME Finance Forum, we're excited to leverage its social and professional networking to promote our company and project at high level through its well-organized events,” said Ms. Liudmyla Tymoshenko, CEO & Director of Agrianalytica LLC.
 

SME Finance Forum: Innovation & Partnership for MSMEs Growth 

The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 300+ members/affiliates operating in 190 countries. Network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregators.

Our members, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growacquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our products consist of “members only” solutions (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public good services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.
Discover the SME Finance Forum members/affiliates: 
https://www.smefinanceforum.org/members/member-list
https://smefinanceforum.org/about/partners
 

AgriAnalytica

AgriAnalytica, a pioneering B2B platform developed by AgriAnalytica LLC with strong support from international donors such as USAID, DSIK, IFC  and EFSE DF, is dedicated to empowering Ukrainian agri MSMEs (Micro, Small, and Medium Enterprises). The platform's mission is to revolutionize access to finance, markets, and knowledge for MSME farmers through innovative solutions. AgriAnalytica addresses the critical challenge of agri MSME access to finance by offering a cloud-based platform and credit  decisioning support technology for agri MSME Lenders  that integrates a comprehensive suite of SaaS/PaaS tools, enabling risk-mitigated, cash flow-based lending. Currently, the platform boasts a network of over 18,000 users from all regions of Ukraine, including those in occupied areas.
Learn more: 
Website: https://agrianalytica.com/en/
Telegram:  https://t.me/agri_trading_shopping
Facebook: https://www.facebook.com/AgriAnalytica
Linkedin: https://www.linkedin.com/company/agrianalytica
Instagram: https://www.instagram.com/agrianalytica/
YouTube: https://www.youtube.com/channel/UC8AT24OZRKmdPLrDRf77W3g
                https://www.youtube.com/@Agrianalytica/videos

The EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among General Partners on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2022 waves of these two surveys and examines how the Russian offensive war against Ukraine that started in 2022 affected VC and PE mid-market fund managers and their portfolio companies. The results show that the war - and the related consequences - had a strong impact on the two investor types and on entrepreneurial finance in Europe, inter alia regarding the challenges faced, investment strategies as well as LPs’ reaction to the changed macroeconomic and geopolitical environment. The results have implications for VC and PE investors and for policy-makers due to the importance of the entrepreneurial finance sector for supporting entrepreneurship and innovation in Europe.

The EIF Working Papers are designed to make available to a wider readership selected topics and studies in relation to EIF´s business. The Working Papers are edited by EIF's Research & Market Analysis and are typically authored or co-authored by EIF staff or are written in cooperation with EIF.

Click Here to Read: https://www.eif.org/news_centre/publications/EIF_Working_Paper_2023_89

Lending is one of the main elements of the modern financial system. In one way or another, most people rely on loans from banks – whether these are credits, mortgages, installments, credit cards to pay for critical goods and services. An important role in this process is played by credit bureaus that collect, store, process and transmit information on borrowers’ payment discipline, credit scoring and current obligations.

However, when people move to a new country or are forcibly evicted from their homes due to occupation or fleeing war – this is what many Ukrainians are currently experiencing – it becomes much more difficult to access financial and other services. This unfortunately disadvantages refugees and adds to the problem regardless of whether they had good or bad credit history before.

Aiming to resolve issues related to solvency confirmation of the tenant from Ukraine and checking the credit history of Ukrainians when applying for a loan or employment, JSC “IBCH” (one of the largest Credit History Bureaus in Ukraine, a member of the international Creditinfo Group since May 2021) created the “MBKI online” chatbot.

For more than 16 years IBCH (Creditinfo Ukraine) has been cooperating with the largest banks and non-bank financial institutions, including foreign financial institutions and credit bureaus of other countries. The organization is now focusing its attention on supporting Ukrainians, both in Ukraine and abroad, with getting access to credit reports.

Kateryna Danylchenko, CEO of JSC “IBCH” (Creditinfo Ukraine), stated, “Since the beginning of the war in Ukraine, over 6 million people – including myself, my fellow colleagues and partners– have been forced to leave the country at short notice with no idea if or when they will return. Displaced Ukrainian refuges face a whole host of challenges without necessary documentation or access to registries. While JSC “IBCH” (MBKI, Creditinfo Ukraine) became the first Ukrainian bureau to launch cross-border data sharing with bureaus from 5 countries, it is also important to assure easy and mobile direct-to-consumer gate to credit history reports. “MBKI online” is so important in helping Ukrainians staying in country and abroad gain online access to their credit histories (also in English), so they can prove their ability to make payments on time to landlords or new employers, follow their credit history updates and bureau score change, as well as to report about lost identification documents.”

“Creditinfo was set up to aid financial inclusion through making credit information more easily accessible and digestible for borrowers and lenders.” – comments Paul Randall, CEO Creditinfo Group. “I’m so glad that there’s something practical we’ve been able to do to help Ukrainian refugees across Europe to access financial services. The creation of this chatbot is an important development in our journey to make the lives of everyone forcibly displaced by this war that tiny bit easier.”

The “MBKI online” chatbot, available on Viber and Telegram, gives Ukrainians access to their own credit history and offers an easy way of identification including using BankID.

Chatbot enables the customer:

• To get a certificate about credit history (in Ukrainian and English);

• To find out personal credit score;

• To get answers to basic questions about credit history;

• To inform the Bureau about the loss of a passport or other identity document;

• To ask for a loan and find out available offers.

Chatbot accepts different payment methods (including bank card, Apple Pay and Google Pay). For more information and to start working with the service, follow the link: https://credithistory.com.ua/bots/

KYIV. Feb 10 (Interfax-Ukraine) -

The portfolio of trade finance contracts of the state-owned Ukrgasbank (Kyiv) in 2021 expanded to UAH 23 billion, which is 35% more than last year (UAH 17 billion), the bank's press service reported on Wednesday.

According to the report, the growth of the portfolio is due to the support of trade finance contracts for Ukrgasbank by the International Finance Corporation and the EBRD, the opening and use of new limits from foreign banks and counterparties, and eco-trade finance contracts for the bank's clients.

JSB Ukrgasbank was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.According to the National Bank of Ukraine (NBU), as of January 1, 2022, Ukrgasbank ranked fourth with total assets of UAH 130.817 billion among 71 banks operating in the country.