DFCC Bank’s Post

Bundling weather index insurance with agricultural loans presents significant advantages. In Mali, a partnership between insurance provider OKO and a microfinance institution showcases the benefits of this strategy. By combining insurance with loans, FSPs can reduce the risks associated with lending to smallholder farmers. This not only improves credit access for farmers but also benefits FSPs and insurers. Read our latest blog, commissioned by the Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) on behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH) Gmb to learn more about this innovative approach. 👉 https://rb.gy/00ulqo 📈 #i4ag #insurance #agritech OKO

From Agri services to General Banking, ZTBL is an All Rounder. A complete bank. #ZTBL #AllRounder #CompleteBank #Agriculture #GeneralBanking #ConventionalBanking

We understand the specific challenges dairy farmers face and tailor loan options to fit your needs. DGV provides you with the right Dairy loan and teaches smart money management for a secure future. www.dgv.in #dgvpay #dgvconnect #empoweringdairyfarmers #farmlife #DGV

The State Bank of Pakistan (SBP) is transforming the traditional process of purchasing sacrificial animals for Eid al-Adha with a cutting-edge QR code payment system. This innovative solution, powered by the Raast instant payment service, promises a hassle-free and secure transaction experience for all. With this system, buyers can simply scan a QR code to make payments, eliminating the need for cash transactions. This digital payment method will be available in over 50 major livestock markets across the country, ensuring a seamless experience for both buyers and sellers. This initiative is a significant step towards a cashless economy, promoting financial inclusion and reducing the burden of cash handling. Say goodbye to the hassle of carrying large amounts of cash and hello to a convenient and secure way to purchase sacrificial animals this Eid al-Adha! . . . #SBP #Raast #QrCodePayment #CashlessEconomy #DigitalPayments #EidAlAdha #LivestockMarket #FinancialInclusion #Pakistan #tribunetrends

Private commercial real estate debt, a subset of the broader private credit (or private debt) sector, can offer several potential benefits in a challenging economic environment: ✅ stable, defensive income ✅ a hedge against inflation ✅ diversification Why zig when you can Zagga? #investsecurely #borrowsimply

Credito Emiliano (CredEm), an Italian bank based in Emilia-Romagna, has a unique approach to supporting local farmers: it accepts wheels of high-quality Parmesan cheese as collateral for loans. Established in 1953, the bank provides "Parmesan loans" to help cheesemakers manage cash flow while their cheese ages for 18 to 36 months. MORE DETAILS: https://lnkd.in/dikwQ54x #ParmesanCheese #CreditoEmiliano #BankingInnovation #LocalFarming #ItalianCheese #FoodCollateral #CheeseLoans #BankingNews #AgriculturalSupport #CulturalHeritage

A step towards facilitating credit flow to the unserved and underserved rural population by making the credit process faster and more efficient to digitize agriculture finance and promoting financial inclusion.

WHERE IS THE MILK GOING TO COME FROM? In my 34 years as a farm consultant, I have never seen the dairy industry as despondent as it is now. The volatility of milk price and increase in costs in the last two years coupled with the wet weather for the last nine months has hit business cashflows severely, culminating in a peak borrowing this spring with every second farmer requesting bank overdraft increases from their banks. https://lnkd.in/dYdnwdJy #dairyfarminguk #milkprice #FCG

In the first quarter of 2024, KCB Bank Tanzania demonstrated significant growth across key financial indicators: ☑ Total assets grew by 21% to TZS 1.5 trillion (KES 75.3 billion). ☑ Shareholders' funds surged by 26% to TZs 186.5 billion (KES 9.6 billion). ☑ Net loans increased by 24% to TZS 931.2 billion (KES 48.0 billion). ☑ Customer deposits rose by 18% to TZS 878.3 billion (KES 45.3 billion). ☑ Overall revenue increased by 20% to TZS 28.8 billion (KES 1.5 billion). ☑ Profit after tax rose by 83% to TZS 13.4 billion (KES 0.7 billion). #financialresults #bankingperformance #regionalsuccess

Absolutely, milestones are indeed just the beginning of a journey, and they often serve as catalysts for further progress and innovation. Ultimately, the journey doesn't end with reaching a milestone; rather, it's a continuous process of improvement and innovation driven by a commitment to serving the farming community and making a positive impact on agriculture and food production.