The Bank’s “Agricultural and Rural Development Strategy,” which targets helping the sector meet its financial needs both during the agricultural production period (primary production) and the processing and marketing obtained after production (secondary production) in Turkey. Through these initiatives, the Bank continues to stand with the agricultural establishments with its “Supporter of Agriculture, Guarantee of Producer” slogan.
In order to offer permanent financing to the agricultural sector, Garanti Bank offers financing with appropriate grace periods on harvest schedules. In addition to providing credit to agricultural facilities, the Bank aims to become a solution partner that provides for the needs, advice and consulting services in the sector.
By the end of 2015, the amount of loans provided to customers with the agriculture and husbandry sector codes had reached TL 5 billion, and the number of customers had reached 31,000, while 22,000 of these customers were SMEs.
Garanti was the first private Bank in Turkey to not request the use of Farmers Register System (FRS) as the Bank is directly integrated with this system. As a result, Garanti has eliminated the cost of FRS for farmers.
Agricultural Irrigation Systems Loan
Garanti finances agricultural irrigation systems that use solar power with modern agricultural irrigation system loans.
Garanti has established a strong partnership with German Agriculture Union (Deutsche Landwirtschafts-Gesellschaft – DLG) which brought a new approach to the Field Days with Fair Organization and Leader Farmer Project. The ‘Field Days’ and ‘Agriculture and Technology Days’ have hosted many national and international participants. Garanti, which is the main organization sponsor for the 6th year in a row, tries to introduce the most innovative techniques and technologies to growers.
Supporting Farmer Families in Agricultural and Rural Development
‘Supporting Farmer Families in Agricultural and Rural Development’ program organized by Garanti Bank, Boğaziçi University Lifelong Learning Center and the UN Food and Agriculture Organization continued with trainings held in Konya this year. Both personal and professional improvement was targeted in the 5 hours long sessions which 116 growers attended.