Within this framework, the Bank launched a line of credit, with rate bonusaimed at Micro, Small and Medium-sized companies in both sectors, with a maximum amount of $40 million per user.
“With the purpose of boost the economies of the NEAthe agreement establishes the implementation of a fee bonus mechanism of interest in charge of the province“, commented Batakis, who once again emphasized the bank as the executing arm of the Executive.
In this way, in an articulated work with the province of Misiones, the entity will provide special conditions for the sector in order to increase production and generate genuine employment.
The agreement provides for the bonus of 20 points of the nominal annual rate by the provincial government.
Regarding the deadlinesin both cases, yerba dryers and for millers in the yerba and forestry sector, it will be 180 days.
Exclusively for working capital, there will be a grace period of up to six months.
Present during the meeting were the Minister of Finance of Misiones, Adolfo Safranand the Minister of Cabinet Coordination, Ricardo Wellbach
Source: Ambito
