|  2014-08-20

Agricover Credit IFN – the operational profit increased with 28% in H1 2014

The net profit was RON 8,063,342 in H1, which represents a rise of 11% compared to H1 2013

Agricover Credit IFN, the only non-banking financial institution specialized exclusively in financing agriculture, registered an operational profit of over RON 11mn in the first half of 2014, representing an increase of 28% compared to the same period in 2013.

‘The exposure value reached 580 million RON in the first half of the year, 60% more compared to the same period in 2013. The positive evolution during the first semester confirms that the constant attention to the farmers’ needs and a thorough understanding of the sector help us address their requests efficiently through the innovative solutions that we are developing’, declared Robert Rekkers, General Director of Agricover Credit IFN.

For more information, please see the Romanian version of the article, here.


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