07/03/2019

Banca Intesa once again taking part in agricultural fair in Šabac

Seeking to provide support for the development of the agricultural sector, Banca Intesa is once again taking part in the agricultural fair in Šabac that will be held on March 8 and 9.

Ahead of the spring sowing season, Banca Intesa has prepared a set of loans with a favorable interest rate, optimum tenor and repayment dynamics that acknowledges the seasonal nature of agriculture. During the fair, the bank will present its special offering of dinar loans for sowing, investment loans and loans for supporting IPARD programs in euros, favorable loans for fuel purchase in dinars, as well as dinar loans for working capital created in cooperation with the municipality of Bogatić and other local governments.

„Banca Intesa has completely adjusted its product offering to the needs of farmers, as reflected in our agricultural lending performance. We are proud of the fact that we supported registered farming households with around 57 million euros in lending last year and recorded portfolio growth of over 6%, while also accounting for more than 20% of the total amount of the subsidized loan program“, said Maja Andonov, Head of Banca Intesa Small Business Department.

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