The Fund – operating under the Hellenic Ministry of Agricultural Rural and Food – has resources worth EUR 118mn., along with resources worth EUR 135mn. from the Bank that participates by co-financing the agricultural sector. This scheme, with total funds of up to EUR 253 mn., will be implemented exclusively by Piraeus Bank and will reinforce the agricultural sector and regions.
On account of this scheme low interest-rate loans will be granted to farmers and investors who have approval of improvement investment plans, anyone who operates in the agricultural products processing industry as well as anyone who makes private investments in the agricultural sector based on specific investment plans.
Through this co-investment, Piraeus Bank that has already successfully involved in Greek SMEs’ financing schemes undertakes action to also act as key contributor stimulating the agricultural entrepreneurship and rural areas.
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