Business Forum • 18 November, 2025 at 11:04 AM
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
The new agreement offers clients the possibility to extend the financing period and supports beneficiaries in situations that could lead to loan acceleration, contributing to maintaining stability and continuity of economic activity in agricultural and rural sectors.
"Through this new agreement, we support clients from the agricultural sector and rural enterprises, offering them flexible refinancing solutions adapted to the current economic context. CEC Bank remains a trusted partner for farmers and rural entrepreneurs, ensuring access to sustainable and predictable financing," said Ramona Ivan, Director of the National and International Institutions Relations Department at CEC Bank.
The new guarantee agreement allows up to 80% of the financing value to be guaranteed by the Ministry of Agriculture and Rural Development through FGCR, excluding interest, commissions and banking fees owed by the beneficiary. The refinancing credit can cover one or more investment or working capital credits previously granted by CEC Bank or other credit institutions, previously guaranteed by FGCR on behalf of the state. Loans guaranteed through AGRO and RURAL programmes whose guarantee contracts have expired can also be refinanced.
Both AGRO and RURAL components were granted in recent years based on the temporary COVID and Ukraine framework.