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Cheap Loans for Wine Companies

Published: September 2, 2013 | 9:12 am
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Have the banks begun issuing loans to wine producers? The fifth component of the Cheap Agricultural Loans program deals with loans for wine companies. According to a statement from the Ministry of Agriculture, 24 wine companies have already applied for credit. The Deputy Manager of the Cheap Agricultural Loans program has told TV3 that some of the applications are still in the process of being reviewed, while in other cases, banks are already prepared to issue the loans.
The banks have been unable to specify the volume of the loans issued as part of the Cheap Agricultural Loans program, but have stated that a clearer picture will emerge in this regard in approximately one week.

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