Unicaja and COAG Málaga have signed a new collaboration agreement with the aim of supporting and facilitating activity in the agricultural sector in the province. Specifically, through this partnership, farmers and livestock breeders are provided with advance payments of Common Agricultural Policy (CAP) subsidies.
The agreement was signed by Unicaja’s regional manager in Málaga, Francisco José Reguera, and the general secretary of COAG in Málaga, Antonio Rodríguez, who highlighted the collaboration between the two organisations aimed at facilitating the day-to-day work of farmers and livestock breeders.
Unicaja is offering agricultural professionals who submit their single CAP application access to advance payments of aid on favourable terms, enabling them to cover the costs of their day-to-day operations with greater peace of mind.
For this year, Unicaja has made €1,000 million in pre-approved financing available, including CAP advances and support for intensive farming, which will enable it to meet the liquidity needs of thousands of professionals.
Strategic support
Commenting on this agreement, Unicaja’s regional manager in Málaga stated that, “for us, the agricultural sector is strategic and forms part of our identity as an institution closely tied to the local area”. He added, “we want to offer farmers and livestock breeders in Málaga financial tools tailored to their needs and thus help them carry out their work with greater stability and security”.
“Our aim is to support the sector in facing current challenges, from managing grants and financing to modernising farms, thereby strengthening the economic development of rural areas in Málaga,” said Reguera.
For his part, the general secretary of COAG Málaga highlighted the value of this agreement, which “enables our farmers and livestock breeders to have access to liquidity at key moments during the season”.
“Agreements such as this one facilitate day-to-day operations on farms and bring stability to a sector that is strategic for the province,” said Rodríguez, whilst thanking Unicaja for its commitment to the Malaga countryside: “it is essential to have financial institutions that understand the reality of the agricultural sector and are firmly committed to it”.
Unicaja’s track record in the agricultural and food industry is underpinned by a comprehensive service model, which includes financial, insurance and advisory solutions. All of this is aimed at addressing the specific needs of the sector. This collaboration also translates into agreements with public authorities and participation in specialised trade fairs.
COAG Málaga was established as an independent professional agricultural organisation, whose main objective is to defend and promote the economic, social and professional interests of the rural community and, in particular, of farmers, livestock breeders and family-run agricultural holdings.
