New Contract Farming Agreement on Corn Culture between Piraeus Bank and "Euroagro S.A."

Piraeus Bank, in collaboration with "Euroagro S.A.", has initiated a new Contract Farming programme for corn producers in the Prefectures of Kilkis and Thessaloniki.

The funding proposal for corn contract farming is essentially intended to help rationalise production organisation and financially support the entire production process, from the producer to product processing and selling by the said company.

"Euroagro S.A." has its corn warehouses facilities in the town of Kilkis, and runs sales outlets in Thessaloniki, Kilkis and Polykastro offering a wide range of products and services for farmers .

Through the specific Piraeus Bank Contract Farming programme, the producer is provided with the required liquidity at highly competitive terms, exactly when he needs such liquidity, while payment of the production agreed to be delivered to the company is guaranteed.

The Program covers the entire agricultural production, supply and manufacturing chain by supporting, in an organised manner, the mutually beneficial collaboration between producers and companies.

This new collaboration attests to the firm will of Piraeus Bank to support and encourage any sound productive effort in this economy sector.