Pancreta Bank has been consistent in meeting the needs of Crete’s farmers by designing and offering specialised financial instruments and support services.
With its novel, dynamic intervention in the sector of Contract Farming, the Bank has concluded agreements with a large number of reliable associated enterprises and cooperatives, aiming to support local agricultural production, as well as domestic and export activities.
In the context of the Contract Farming Programme, the Bank implements “Interconnected Financing”. This type of financing is a tripartite relationship that highlights the equitable standing of three parties (Producer, Bank, Enterprise).
- the Bank
- the Farmer – Producer
- the Associated Enterprise (Commercial, Manufacturing, Agricultural Cooperative, Producer Group).