State-owned bank EximBank recently granted a loan of over EUR 22 million to Agricover Credit, a non-banking financial institution specialized in financing agriculture.

This comes after the bank gave Agricover Credit a EUR 15.5 million loan in 2013, also destined for financial services for farmers.

"The partnership with Agricover Credit allows us to support business in agriculture through indirectly financing over 400 local farmers," said Traian Halalai, president of EximBank.

editor@romania-insider.com