Banking Solutions for Farmers

Piraeus Bank offers a range of integrated banking solutions for farmers, fully tailored to your contemporary needs.

You may choose from a wide range of banking tools that will facilitate your farming activities.

Savings Account for Farmers

Tailored to meet the needs of farmers, the Savings Account for Farmers helps you carry out all your banking transactions, deposit payments from the SPS and other EU subsidies and make payments in the conventional manner or through the best e-Banking platform in Greece, winbank.It also offers competitive interest rates from the first euro you save, without putting limits on how you use the account or forcing you to keep a minimum balance.

Learn more about the Savings Account for Farmers

Contract Farming Card

If you hold a contract with a farming business or agricultural co-op that has been included in the Contract Farming Programme, you can secure financing for your production with a Contract Farming Card.

With this Card, Piraeus Bank approves a credit limit in line with your production capacity. This can cover a significant part of your production costs, such as: labour, inputs, fuel, animal feed, purchase of herd replacers and purchase & maintenance of spare parts.

“Gi & Exoplismos” Loan

The “Gi & Exoplismos” Loan is ideal if you want to expand your farming business. You can use it to purchase land, agricultural buildings, plants & livestock, and agricultural equipment at a low variable interest rate. The loan term is up to 15 years, depending on the purpose of the loan. You can choose the frequency of your loan repayments (every 1, 3, 6 months or annually) and you may opt to pay just interest for up to 1 year.

Learn more about the Gi & Exoplismos Loan

Loan to Purchase a First Home

If your main profession is farming, you can purchase your own home with the preferential rates offered to you by the Subsidised* Mortgage Loan for Farmers. It features variable interest rate** subsidised by the Greek State and a loan term up to 30 years.

(*) The interest rate subsidy, and the terms and conditions of the loan are determined by the Greek State. The loan is exclusively for purchasing, building or completing a first home.

(**) The interest rate is variable throughout the term of the loan and fluctuates according to the 1M Euribor, plus the Law 128/1975 levy, currently at 0.12%.

Insurance Products

Piraeus Bank offers comprehensive insurance solutions tailored to the needs of farmers. The insurance plans may cover mechanical and agricultural equipment, as well as vehicles, homes, accident, life and health.

To find out more visit any Piraeus Bank branch.