Banks grant 1mln euro funds to Romanian farmers, through European Investment Fund
Publicat:A total of 13 loans worth about 1 million euro were granted by the end of February 2019 through the European Investment Fund (EIF), informs a press release of the Ministry of Agriculture and Rural Development (MADR), submitted to AGERPRES on Friday.
According to the quoted source, MADR and EIF signed the "Financing Agreement for the Implementation of the Financial Instrument" in November 2017, and in 2018 the Fund finalized the process of selection of the financial intermediaries and concluded Operating Agreements with five banks: the Romanian Commercial Bank, Libra Internet Bank, ProCredit…
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