Banco do Brasil provides BRL 23 billion to finance the 2023/2024 harvest in Paraná

The announcement was made on Tuesday (04/07) at the bank's headquarters, in Curitiba, in a ceremony that was attended by the state secretary for Agriculture and Supply, Norberto Ortigara. Interest - Interest rates on Pronaf (National Program for Strengthening Family Agriculture) will range from 3% to 6% for funding, with the lowest rate earmarked for the sustainable production of healthy foods, with a focus on organic products, socio-biodiversity products, bioeconomy or agroecology. For investments, the rates range from 4% to 6%, with the lowest rate for operations of up to R$25,000 and RBA (Gross Agricultural Income) of up to R$100,000. Investments - In lines for investments in business agriculture, agricultural interest varies from 7% to 12.5% per year. In funding actions, rates range from 8% for Pronamp (National Support Program for Medium Rural Producers) to 12% for the others. Qualification - Ortigara spoke of the importance of qualifying the application of resources, ...