Bankia S A : In 2020, Bankia has allocated almost 300 million to finance projects in the agricultural sector in Región de Murcia

• The bank entered into more than 1,400 transactions with agri-food companies in the Region
• 'We wanted to respond to the financial needs of farmers in Murcia during such a complex year and we want to continue doing so', said Bankia's Director of Agricultural Business in Murcia and Alicante, José Gil
• The bank has a network of 51 branches specialised in the agricultural business in Región de Murcia, where it has one of its six Agro Regional Directorates present throughout Spain and from which it also covers the business of the province of Alicante

Bankia has granted a total of 292 million euros in new financing to the agricultural sector during 2020 in the Región de Murcia as part of its strategy to boost this line of activity and provide a service tailored to farmers in a complex year as the past one due to the economic crisis unleashed by the Coronavirus pandemic.

During the past year, the bank has formalised a total of 1,427 transactions for small, medium and large companies in this sector throughout the Murcia region.

'From the outset, we wanted to respond to the financial needs of the Murcia farmers during such a complex year as the one we have endured and we want to continue to be at their side because for Bankia the agricultural sector and its professionals are a priority', said Bankia's Director of Agricultural Business in Murcia and Alicante, José Gil.

In mid-2020, Bankia announced the launch of a network of 51 branches specialising in the agricultural business in Región de Murcia, where it has one of its six Agro Regional Directorates present in Spain, and from which it also covers the business of the province of Alicante.

The entity defined a new distribution model, having adapted branches in five other Regional Directorates: Valencia and Castellón, Andalucía, Castilla y León, Castilla La Mancha and Extremadura and the North Directorate, based in Logroño.

All Bankia's agricultural branches have their own image to distinguish them from regular branches and, while still providing the services they had been offering, they have a team specialised in the agri-food business.

In addition to specialised in-branch management, Bankia also provides the sector professionals with all its remote channels so they can do all their banking tasks without have to visit their branch. To do this, if offers the 'Connect with your expert' service and the option to make arrangements using online channels like the website and the mobile app.