Piraeus Bank takes over management of agricultural products guarantee account

Piraeus Bank won an international tender for the management and financing of the Agricultural Products Guarantee Special Account of the Agricultural Development and Food ministry.

In an announcement, the bank said this strategic agreement confirmed Piraeus Bank’s active support to the primary sector of the economy and the farm community of the country. The project is related with financing worth up to 2.5 billion euros annually by 2022 and the aim is the timely payment of agricultural support envisaged in the Common Agricultural Policy. Piraeus Bank has the know-how and the skilled personnel to fully respond to the needs of this cooperation. Piraeus Bank is the only bank in Greece with an ISO 9001:2015 certification on the management of community farm support to producers.

Source ANA-MPA
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