Interest-free loans, Agricultural bank to revitalize agricultural sector: BAB – News of Bahrain- DT News

Interest-free loans, Agricultural bank to revitalize agricultural sector: BAB – News of Bahrain- DT News

Interest-free loans, Agricultural bank to revitalize agricultural sector: BAB. Establishing a Bahraini agricultural bank to help farmers with interest-free concessional loans for agricultural projects and livestock production will boost national capacities in the field of food industries and the proportion of local production, a top Bahraini banker has said.. He was speaking about a discussion with banks regarding providing concessional financing, along with the idea of estab - lishing a Bahraini agricultural bank. ". We saw many countries place restrictions on the movement of travellers, as other countries initiated to prevent the export of health care products, and as long as control of this virus has not been successful until now, it is not surprising that the import and export movement of food commodities will be negatively affected in the region and around the world," he stressed.. The new bank, Dr Al Qassim said, will operate similar to the Egyptian Agricultural Bank, or the Saudi Agricultural Bank, which later became known as the Agricultural Development Fund. ". He further indicated that several Bahraini banks recently initiated an agreement with "Tamkeen" regarding providing financial and credit facilities for renewable energy projects.. "We seek to formulate a similar agreement to develop national