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Friday, November 15, 2024
Philippine bank loans to agriculture sector hit US$28.8 billion in first half of 2024
Loans issued by Philippine banks to the agriculture sector reached PHP 1.7 trillion (US$28.8 billion) in the first half of 2024, according to a report by the Bangko Sentral Ng Pilipinas (BSP), the central bank of the Philippines.
Thursday, August 15, 2024
Romanian poultry firm AAylex ONE secures US$22 million loan to bolster operations and expansion
AAylex ONE, the Romanian company behind the Cocorico poultry brand, has secured a EUR 20 million (US$22 million) loan to support its operational activities and further development, Romania-Insider reported.
Wednesday, April 17, 2024
Major poultry company in South Africa looks to get loans to stabilise business
Daybreak Farms Ltd., a chicken company controlled by Africa's biggest fund manager, plans to seek loans to stabilise operations and fix its balance sheet following years of mismanagement.
Wednesday, February 14, 2024
Swine farm project in Nueva Ecija, Philippines, gets US$2 million loan
The Development Bank of the Philippines (DBP) has extended a loan worth ₱116 million (US$2 million) for the development of a bio-secured swine farm project in Nueva Ecija province, the Philippines.
Wednesday, September 20, 2023
New revolving loan fund to set up more meat and poultry processing centers in North Dakota, US
Rural communities in North Dakota, the United States, are getting help they need as the Rural Development Finance Corporation is launching a revolving loan fund to establish more meat and poultry processing centers.
Tuesday, May 9, 2023
Minnesota, US small and medium-sized meat and poultry processors can now access state loans
Small and medium-sized meat and poultry processors in Minnesota, the United States, can apply for loans through the state's Rural Finance Authority.
Wednesday, October 12, 2022
Indonesia's eFishery receives US$32 million loan
Indonesian startup eFishery has secured a US$32 million loan from DBS Bank Indonesia.
Friday, September 30, 2022
Brazil's biggest soybean processor secures US$80 million loan linked to sustainability
Julio Costa, chief executive of Brazil's biggest soybean processor, Caramuru Alimentos, has secured a US$80 million loan linked to the company's sustainability goals, with proceeds channeled towards investment in export and production of so ...
Thursday, February 24, 2022
Marfig ends talks with IDB for US$200 million sustainability loan
Major Brazilian meatpacker Marfig Global Foods SA has ended talks with the Inter-American Development Bank (IDB) over a US$200 million loan tied to environmental targets, Reuters reported.
Monday, April 12, 2021
FrieslandCampina announces US$356.2 million sustainability-linked loan
Royal FrieslandCampina NV has signed an agreement with ING Bank NV for a new €300 million (US$356.2 million) sustainability-linked loan that refinances part of its current short-term liabilities, the dairy cooperative announced last m ...
Monday, March 29, 2021
US$400 million World Bank loan to help China improve food safety
China has secured a US$400 million loan from the World Bank to improve the country's food safety management and reduce food safety risks.
Friday, September 25, 2020
IFC mulls US$80 million loan to 'multi-storey' Chinese swine producer
International Finance Corporation (IFC), a member of the World Bank Group, is considering a 560 million yuan (US$80 million) loan to Chinese swine producer Guangxi Yangxiang Co Ltd (Yangxiang), DealStreetAsia reported.
Thursday, July 23, 2020
Nigeria's poultry farmers push for loan interest rate reduction
The National President of the Poultry Association of Nigeria (PAN) has urged the government among others to enable poultry farmers access loan at 5% interest rate to help the suffering sector, This Day reported.
Monday, June 8, 2020
Salmones Austral secures US$40 million loan for venture plan
Salmones Austral has announced a deal with three banks for a US$40-million (EUR35.5 million) loan to fund its US$100-million (EUR88.2-million) investment plan for the next three years, SeafoodSource reported.
Thursday, March 19, 2020
US livestock producers urge USDA to defer loan payments due to COVID-19
The American Farm Bureau Federation called on the US Department of Agriculture (USDA) to allow farmers to adjust payments or defer their government loans as COVID-19 has impacted the farm industry, reported Reuters.
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