Agriculture and Fisheries Minister, Pearnel Charles Jr, has welcomed Sagicor Bank’s new loan facility to agro-processors and manufacturers, which will see medium-sized businesses benefit from loans up to $50 million at an interest rate of 6.5%.
“This is a tangible demonstration of the faith that Sagicor has in our medium-sized manufacturing and agro-processing businesses, which, undoubtedly, will redound to an enhancement of the overall productive infrastructure,” said Charles Jr.
Describing the loan facility as a bold move, Charles added that while farmers have expressed...