Banco Agrícola's $140 Billion Investment Fuels Dominican Agriculture

Banco Agrícola's Significant Contribution to Dominican Agriculture Highlighted at 80th Anniversary Mass Santo Domingo, Dominican Republic – Banco Agrícola, a major financial institution in the Dominican Republic, celebrated its 80th anniversary with a special thanksgiving mass. The event provided a platform for key announcements regarding the bank's role in supporting the nation's agricultural sector. Fernando Durán, the administrator of Banco Agrícola, revealed that the bank has contributed approximately 60% of all agricultural credits in the country. "We have formalized credits to agricultural producers in the country for over 140 billion pesos," Durán stated, emphasizing the bank's significant impact on the sector. Limber Cruz, the Minister of Agriculture, echoed Durán's sentiments, highlighting Banco Agrícola's crucial role in mechanizing the agricultural sector. Cruz also mentioned the government's preparedness for the upcoming hurricane season, ensuring that support measures are in place for farmers. The event underscores the strong partnership between Banco Agrícola and the Dominican government in promoting agricultural growth and stability. The bank's commitment to providing financial resources and support for farmers is vital for the nation's food security and economic development.