This agreement reflects the financial institution’s commitment to the agri-food sector and to the development of rural areas of the province.
Unicaja Banco and the Asociación Agraria de Jóvenes Agricultores (ASAJA, Association of Young Farmers) in Palencia have entered into an agreement on the management of subsidies from the Common Agricultural Policy (CAP), on the access of the young to professional agriculture and livestock farming, investments to improve farms and credit facilities for farmers. The agreement has been signed today by Marga Serna, Regional Manager of the bank, and Honorato Meneses, President of ASAJA in Palencia.
ASAJA Palencia has 2,600 members who will benefit from this agreement. Unicaja Banco, with this action, reflects its commitment to the agri-food sector and to the development of rural areas in the province, where it has traditionally worked with farmers.
Unicaja Banco offers special conditions to receive the advance payment of the CAP subsidies on advantageous terms, as well as of aids from the Castilla y Leon regional government for the incorporation of young farmers and to invest in optimization of farms. These advance payments allow agricultural professionals to meet, without delays, their payment commitments deriving from their activities and to have the liquidity they need for the day-to-day running of their farms.
Furthermore, Unicaja Banco has a pack of banking services specially designed for the farming sector, such as the Fee-Free Plan, which includes several utilities for the management of agricultural businesses.