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ProCredit Bank Continues to Actively Support Agriculture

Published: September 19, 2011 | 1:47 pm
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With the autumn harvesting season coming closer, ProCredit Bank would like to remind its agro clients and all new potential customers that it continues to support the development of the agricultural sector actively by offering agricultural producers full banking services tailored to best meet their banking needs.

Agricultural sector has been one of the primary focuses of ProCredit Bank during the period of its operation in Georgia. The bank has built strong expertise over the years in financing the agricultural producers and farmers, and today it offers full banking services: a wide range of credit products to choose from, all banking transactions, savings and term deposits. Loan products are especially designed for agricultural producers to fit the seasonal nature of agriculture. The repayment schedule of agro loans and maturity are adjusted to fit the specific production and harvest cycles of individual farmers and producers. Loans up to GEL 17 000 with the maturity up to three years are disbursed without collateral. As an additional incentive to encourage its agro clients to further develop their businesses, ProCredit Bank recently simplified loan procedures for the clients involved in cattle breeding and nut farming, which allows clients to receive loans much faster.

Maya Meredova, General Director of ProCredit Bank Georgia: “Agriculture is one of the vital sectors of the Georgian economy. Given Georgia’s geographic location, soil quality and climate, it is a very attractive sector with a great growth potential. Development of the agricultural sector will boost the local production and growth of employment opportunities for the rural population. We are glad that we can offer our expertise, which we have built throughout the years of operating in Georgia to the service of our clients and continue to pursue our mission of contributing to the development of the Georgian economy.”

 

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