Agrobanka realizes third issue of stocks, as well as leasing and loans for farmers

In the past three years, "Agrobanka" has registered a fantastic ascent, consolidated its balance and, instead of a loss, it is filing a profit, which equals 170m RSD in the nine months of this year. The deposit potential increased 10 times - said the President of the Executive Committee of the Bank, Dušan Antonić. He said that 10 billion RSD worth of short-term credits had been approved and that the means were directed, first of all, into agriculture and export jobs in our economy.

The second issue of stocks has recently ended and the third is underway, which will additionally increase the bank's capital in order to realize strategic aims.

According to the words of Rajko Majstorović, the deputy president of the Exucutive Board of Agrobanka, one half of total amount of approved credits has been approved to the agricultural production. With the slogan "Domestic for the Hosts", he represented the latest products of Agrobanka - financial leasing and loans. Through Lipaks Leasing , the farmers are enabled to procure agricultural machinery with an annual interest rate of only 3% to 5%. In addition, other clients can buy buses on leasing, freight and other vehicles, building machines and passenger vehicles and various equipment.

"Agrobanka's" specialty are loans that have, for example, enabled farmers to procure seeds, fertilizer and pesticides, whereas other farmers and citizens were enabled to procure other goods from the Corn Institute in Zemun Polje, wire and coil products from Novi Sad's "Petar Drapšiin", Ostružnica's "Tarolit" and other companies.