Agricover: Fermierii au nevoie de credite mai lungi

Romanian farmers prioritize liquidity over profitability, needing longer-term loans aligned with agricultural cycles, according to Agricover. Despite a good production season, liquidity issues persist, complicating debt repayment. The agricultural financing market has grown nominally, but banks remain cautious, leading to a rise in non-performing loans. Agricover emphasizes the necessity for loans with maturities of three to five years for working capital and 10-15 years for land purchases. They also stress that extending loan maturities alone won't solve farmers' problems, especially in challenging agricultural years.