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Agreement between Credit Europe Bank and APIA for farming subsidies

Credit Europe Bank signed with the Agency for Payment and Intervention in Agriculture (APIA) an agreement regarding the operation of payment schedules financed from the national and community budget, the bank informs in a press release.

According to this agreement, a framework for work was established between APIA and Credit Europe Bank to facilitate for the farmers starting a current account to one of the branches of Credit Europe Bank, the rapid transfer and in safe conditions of the agricultural subsidies.

We consider we have the know-how, the financial and technical means to support the development of the agriculture and we will continue to help them" Mustafa Cavusoglu, marketing manager SMEs Credit Europe Bank said.

Through signing the convention, Credit Europe Bank wants to get involved in the support of the Romanian farmer, making the achievement in safe conditions easier for the payment of agricultural subsidies to the farmers. The bank aims at the increase of the number of farmers who can benefit from these new opportunities and their support through the creation of an appropriate environment which could in time bring supplementary ways of encouraging the farmers.

The agreement regarding the distribution of agricultural subsidies is one step Credit Europe Bank has taken to support the farmers. Soon, the bank intends to sign a triple agreement APIA- FGCR ( the Fund for credition of rural loan) - Credit Europe Bank to offer loans to the beneficiaries of the Scheme for support on the surface.

In August 2008, Credit Europe Bank launched the Agro Capital IMM, destined to cover the capital needs in agriculture, the bank launching a product destined to investment financing, Agro Invest IMM.

Credit Europe Bank ( Romania) SA member of the FIBA group offers a large range of products and services to over 40,000 natural persons, SMEs and corporations, through a network made up of 118 branches, agencies and working spots, as well as through alternative channels: ATM, POS and internet banking services.

 

Sursa: http://www.actmedia.eu

Tags: europe credit support agreement farmers subsidies pos imm atm

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