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AFD Extends UGX64 billion Loan and Grant Package to Strengthen PostBank Agri-Financing
['Pc Tech', 'Nathan Ernest Olupot']
PC Tech Magazine
PostBank and Agence Française de Développement (AFD) have announced a 13-year strategic partnership to support sustainable agricultural financing.
The funding by AFD will also enable PostBank (gradually rebranding to PearlBank) to expand its climate-smart agriculture finance products and deepen financial inclusion in rural communities.
The technical grant will enhance the bank’s capacity to offer affordable and sustainable financing to underserved communities.
He noted that the Agence Française de Développement (AFD) is proud to launch a long-term partnership with PostBank.
These recognitions are a testament to the Bank’s effort towards championing sustainable initiatives in its operations, and its partnership with AFD solidifies this.