New financing facilities from Garanti BBVA Romania for Romanian farmers


Garanti BBVA has signed an agreement with the Agency for Payments and Intervention for Agriculture (APIA), aiming to support Romanian farmers. Through this partnership, customers have access to a credit facility of up to 90% of the amount due, including redistributive payment, greening payment, and compensatory measures.

To achieve the proposed objectives and to generate a positive impact on the economy, farmers need to find solutions quickly for ensuring a constant financial flow, which is vital when the income depends on the seasonal specifics of the agricultural sector.

For sustaining the customers’ current expenses, Garanti BBVA also launches a new credit product for pre-financing up to 160% of the subsidies to be paid by APIA to the beneficiaries of direct payment schemes.