AUB News

The Association of Ukrainian Banks (AUB) and JSC "Prozorro.Prodazhi" signed a memorandum of cooperation in the field of factoring.

The main goal of the partnership is to simplify and reduce the cost of access to financing for small and medium-sized businesses (SMEs). By using the organizational and technical capabilities of "Prozorro.Prodazhi" and the electronic trading system, it is planned to create a transparent, competitive and fast environment for concluding factoring agreements. The parties agreed to cooperate in the development and popularization of the factoring service, ensuring its functioning and continuous improvement. Particular attention will be paid to increasing competition among financial institutions, creating uniform rules for electronic interaction and organizing transparent competitive procedures for concluding factoring agreements, including the possibility of using electronic auctions.