Banking Solutions for Farmers

A banking service solution that offers you a credit line to cover the annual needs of your farming business. It features competitive variable interest rate and payment of interest every 6 months.

If you hold a contract with a farming business or agricultural co-op that has been included in the Contract Farming Programme, you can secure financing for your production with a Contract Farming Card.

With this Card, Piraeus Bank approves a credit limit in line with your production capacity. This can cover a significant part of your production costs, such as: labour, inputs, fuel, animal feed, purchase of herd replacers and purchase & maintenance of spare parts.

The “Gi & Exoplismos” Loan is ideal if you want to expand your farming business. You can use it to purchase land, agricultural buildings, plants & livestock, and agricultural equipment at a low variable interest rate. The loan term is up to 15 years, depending on the purpose of the loan. You can choose the frequency of your loan repayments (every 1, 3, 6 months or annually) and you may opt to pay just interest for up to 1 year.

If your main profession is farming, you can purchase your own home with the preferential rates offered to you by the Subsidised* Mortgage Loan for Farmers. It features variable interest rate** subsidised by the Greek State and a loan term up to 30 years.

(*) The interest rate subsidy, and the terms and conditions of the loan are determined by the Greek State. The loan is exclusively for purchasing, building or completing a first home.

(**) The interest rate is variable throughout the term of the loan and fluctuates according to the 1M Euribor, plus the Law 128/1975 levy, currently at 0.12%.