A $135 million credit arrangement signed to boost agriculture sector.

According to ACLEDA Bank Plc. the Japan International Cooperation Agency (JICA) and Sumitomo Mitsui Banking Corp’s (SMBC) Singapore Branch signed a $135 million facility agreement with ACLEDA Bank Plc on May 27 to channel more loans towards agricultural. In Channy, president and group managing director of ACLEDA Bank, said the two Japanese institutions’ long-term finance scheme would …

A $135 million credit arrangement signed to boost agriculture sector. Read More »