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Loan for financing spring agricultural works

Banca Intesa has developed a special loan for spring investments in agriculture so it could make it possible for the owners of registered agricultural estates to start the upcoming sowing with adequate financial support.

The loans for the financing of spring works in agriculture are approved by Banca Intesa in RSD in the maximum amount of up to 3 million RSD and with up to 12 months repayment period with the repayment dynamics adjusted to specific demands of farmers so the assets may be repaid as one-month, three-month, six-month or annual installments, namely when the loan is due.

The interest rate for this kind of loan is fixed and starts from 14 percent on annual basis, and all agricultural producers from Serbia, regardless of whether they are the Bank's clients or not, may apply for this loan by June 30 this year.