RIO DE JANEIRO, BRAZIL - Banco do Brasil (BB), the largest financier of Brazilian agriculture, will provide R$135 billion (US$27 billion) to the country's agribusiness in the 2021/22 crop year. That represents a 20% increase over the amounts disbursed in the current cycle, which ends in June, the banking institution's president, Fausto Ribeiro, said in presenting the program.
President Jair Bolsonaro and Agriculture Minister Tereza Cristina said the record amounts confirm the bank's commitment to the sector. For small and medium producers, the bank will provide R$34 billion (US$6.8 billion), said the . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here