Banca Intesa, a member of the international banking group Intesa Sanpaolo, has signed an agreement with the Ministry of Agriculture, Forestry and Water Management to participate in the implementation of the state subsidized agricultural lending program for 2023.

Loans with subsidized interest are granted in dinars, with a fixed interest rate of up to three percent per annum, and are intended for individuals - registered agricultural households, entrepreneurs, legal entities, and agricultural cooperatives - for the purchase of working capital and basic assets and investment in agricultural machinery and equipment. Loans are available in a maximum amount of six million dinars for individuals and 18 million dinars for legal entities, with a repayment period of up to 60 months depending on the purpose, and the possibility of using a grace period of up to 24 months.

Banca Intesa is one of the leading lenders in the agricultural sector, which it has been supporting since 2008. Thanks to innovative products and improved processes, the bank supported registered agricultural households with loans worth a total of 60.6 million euros during 2022, achieving a growth in new loans of 33 percent compared to the previous year.