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Unity Bank Plc says it has disbursed N24 billion to farmers through the Commercial Agriculture Credit Scheme introduced by the Federal Government.
The lender noted that it had effectively keyed into the various intervention funds of the Central Bank of Nigeria to boost agriculture.
It said it had emerged as one of the leading players in the industry driving the intervention schemes, as a bank that drives agribusiness as its major strategic business focus. In a statement on Tuesday, the bank said.
“The commitment of the bank towards participating in the on lending schemes is borne out of Unity Bank’s belief in pursuing benefits of greater financial inclusion and reaching out to greater number of farmers all around Nigeria initially excluded with financial services, all of which is made possible by the bank’s deep knowledge of rural economy.” The Head, Agribusiness, Unity Bank, Mr. Olugbenga Adelana, was quoted to have said, “it is understandable why the Unity Bank is making inroads.
Photo Caption: Unity Bank Plc Logo
