ROCA Agri RDF to Launch Agriculture Funding Instrument

Miruna Macsim 11/08/2023 | 12:26

Continuing its long-term vision and sustainable development strategy, ROCA Agri RDF, the agricultural holding launched by ROCA Investments, is set to support farmers by preparing the launch of a Non-Banking Financial Institution (IFN). This IFN is intended to cater to the financing needs of the agricultural sector, pending the authorization process by the National Bank of Romania (BNR).

 

The funding instrument will offer loans specifically for the agricultural sector. Through this initiative, the agricultural holding aims to expand and diversify its products, in order to offer further support to farmers. This development aligns with the strategic direction of the holding to become a key player on the national agricultural stage.

“As part of our development strategy, we intend to complement the range of products and services within our group by introducing specialized services for farmersfinancing needs. This effort involves preparing the launch of a Non-Banking Financial Institution. The financing services will cater to the specific requirements of farmers, including short-term credits to support agricultural production. These credits will feature an easy application process and a repayment plan tailored to seasonal activities. By financing the agricultural sector – a vital domain for Romania’s economyour aim is to ensure the prosperity of the country’s agricultural communities. We are dedicated to providing diversified solutions that strengthen farmersendeavors,” said Alexandru Savin, CEO of ROCA Agri RDF.

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