By BUUMBA CHIMBULUFIRST National Bank (FNB) Zambia continues to be a key supporter of the agriculture sector through providing modified banking solutions for the farmers.The solutions are being made from day-to-day banking requirements to more long-term and complex solutions such as structured lending, according to FNB Zambia Head Business and Commercial, Kabanda Lilanda.Mr Lilanda said the bank supported export-oriented agribusinesses, which contributed towards the promotion of value addition to agricultural products for export in line with the Zambia’s National Agricultural Policy such macadamia nuts, peppadews and avocado pears.He indicated that key to the exporting of agricultural products was value addition which in turned realised more revenue for the exporting country as well as creation of jobs in upstream agriculture such as processing.Over the years, Mr Lilanda said, FNB had been actively participating in initiatives that continuously support the growth of agribusinesses.“FNB Zambia seasonally finances 1 500 Ha of maize, 3 000 Ha of soya beans, […]
FNB PLEDGES MORE AGRO SUPPORT
