^
+ Follow AGRICULTURAL CREDIT Tag
AGRICULTURAL CREDIT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 966111
                    [Title] => Agri loans up 7.5% in 2012
                    [Summary] => 

Agricultural loans extended to farmers in 2012 rose by 7.5 percent to P705.11 billion from P655.72 billion as lending institutions lent more for production activities, according to the Bureau of Agricultural Statistics (BAS).

[DatePublished] => 2013-07-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101370 [Title] => BSP grants longer grace period for timber, fruit loans [Summary] =>

GENERAL SANTOS CITY -- A Bangko Sentral ng Pilipinas (BSP) memorandum circular, growers of long-gestating crops, including fruit and timber tree species, are now entitled to a longer grace period for repaying loans used to finance these projects.

Under the new guidelines, banks and guarantee institutions are allowed to extend loans and guarantees with a grace period of up to seven years to viable, long-gestating agriculture and fisheries projects.

BSP Rafael Buenaventura signed Circular 217 last November.

"This is a welcome development," said Romy Francisco, treasurer of [DatePublished] => 2000-01-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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