– Photo: Antônio Araújo/Mapa
Aministra Tereza Cristina (Agriculture, Livestock and Supply) participated on Wednesday (1º) of the launch of the Safra Plan of Banco do Brasil, which will have R$ 103 billion available to the sector. The minister recalled that Banco do Brasil is a historical and fundamental partner of the government in the Safra Plan. "I want to thank President Rubem Novaes for continuing this long and fruitful partnership between Banco do Brasil and Brazilian agriculture, vital to the country's economic development."
Highlighting the overall figures of the Crop Plan launched by the government, Tereza Cristina said the resources will ensure the continuity of production in the field and the supply of food in the country during and after the pandemic of the new Coronavirus. "That's why the importance of the most abundant credit and lower interest rates. I have no doubt that Brazilian agriculture will make a difference, generating jobs and foreign exchange for our country." For the 2020/2021 harvest, which begins today, R$ 236.3 billion were allocated to support national agricultural production, an increase of R$ 13.5 billion over the previous plan.
Tereza Cristina said she expects producers to have an easy way to hire credit. "Mapa made this conversation with many institutions so that this year could speed up. There were many details talked about during the preparation of this Safra Plan. I hope that we can move faster, so that producers can better buy the inputs for their costing and those who want to invest also already do their planning in the various lines that have in the Safra Plan".
The president of Banco do Brasil, Rubem Novaes, stressed that rural producers have been essential for the country to face the adversities of recent months. "We are very proud to support Brazilian agriculture, a sector that every day, every harvest, excels demonstrating strength and prominence on the world stage. The strength of our farmers is pride for the whole of Brazil," he said.
Novaes pointed out that, in the 2019/2020 harvest, BB invested a record volume of resources for credit, reaching R$ 92.5 billion. "It is the largest disbursement in the history of Banco do Brasil in a Safra Plan," he said.
Safra Banco do Brasil Plan
Banco do Brasil will make R$ 103 billion available to the sector in the 2020/21 harvest, which begins today. Of this amount, R$ 10.3 billion will be allocated to agro-industries and R$ 92.7 billion to rural credit – R$ 64.6 billion will finance the crop of business agriculture, R$ 14.4 billion for the average producers and R$ 13.7 billion for family agriculture.
In presenting the figures of bb's Crop Plan, the Vice President of Agribusiness and Government, João Rabelo, also announced that the Bank will allocate in this harvest an increase of R$ 2.5 billion in own resources for the Moderfrota Program, which allows the modernization of agricultural tractors and other equipment. "We thought this program needed more resources, so we talked to Banco do Brasil, which has committed to putting more resources into this line that is very successful," celebrated Minister Tereza Cristina.
Banco do Brasil will operate at the rates announced in the Harvest Plan of the Ministry of Agriculture. Small rural producers, under the National Program for Strengthening Family Agriculture (Pronaf), have interest ranging from 2.75% and 4% per year for costing and marketing. For the average rural producers linked to the National Program to Support the Medium Rural Producer (Pronamp), the interest rates practiced were reduced to 5% per year – compared to 6% in the previous harvest. For large producers, the interest rate will be 6% per year.
Rabelo stressed that the Bank will continue to invest in partnership with the rural producer. "That's our raison d'ing thing. That's how Banco do Brasil was created, we know the importance of rural producers for the country and for the Brazilian people," he concluded.