A Credit Limit (micro-finance) is extended to farmers, in order to cover unpredictable expenses.
Agricultural holdings, provided that the agricultural subsidies that they receive are deposited in a Piraeus Bank account.
Floating during the entire loan period: currently 7.10% (BRF: 7.10%) plus margin 0,3%, plus levy according to L.128/75 currently at 0.12% or 0.60% depending on the Farmer's main professional activity.
The interest rate is linked to Base Rate for Farmers’ Loans (BRF), which keeps track of market trends, is announced to the press και appears on the official price table of the Bank.
One year with an one-year extension option.
up to €5,000.
The capital may be repaid at any time during the credit line period and also through payment of subsidies.
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