According to her, some of the partners will be providing guarantee on loans granted by
'Separately, we are exploring partnership across the globe to support cheaper lines of credit to players in the industry through Export Credit Agencies.
'The bank plans to increase loan portfolio to the agricultural sector by N70billion within the next 2-3years and the lender will hold an Agribusiness summit next month themed - 'Unlocking Productivity and Investment opportunities across
'It will target all players in all value-chain of the sector (input suppliers, crop and livestock producers, processors, commodity exporters etc),' Oguntoyinbo said.
It could be recalled that banks in
Similarly, it would be recalled that the
Oguntoyinbo added: 'While Ecobank has a loan-to-deposit ratio of more than 65% in
'Small and medium enterprises are growing rapidly in the agricultural sector and there are opportunities there, which we desire to nurture for growth and development.'
© Pakistan Press International, source