Agricover net profit, up 31 pct in H1, 2019
Publicat:Agricover Credit IFN (non-banking financial body, ed. n.), a financial institution aimed at financing Romanian agriculture, ended the first half of 2019 with an operating result of 26.8 million lei and a net profit of 23.3 million lei, up by 31pct compared to the same period last year, according to a press release sent to AGERPRES on Friday.
In the first six months, Agricover Credit IFN provided financing worth 576.4 million lei to a number of 3,465 farmers, the credit exposure exceeding 1.64 billion lei, up 22 pct over the same period last year.
"We are continuing the upward trend…
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