Agric Business

Agriculture remains the backbone of Nigeria’s economy. With business activities valued at over N30trillion, this sector accounts for over 25% of Nigeria’s annual gross domestic product (GDP) and provides more 65% of the country’s employment. ​

​ At PremiumTrust Bank, we recognize the crucial role of agriculture as the bedrock of Nigeria’s economy. We believe that the most sustainable approach to developing Nigeria’s agricultural and food system is to support the sector as a business right from the grassroots, hence we have structured and developed several products and services customized and tailored to meet the needs of our customers according to their roles in the agricultural enterprise value chain. ​​

Our offerings across the agricultural value include:

  • Farm and agro-machines and equipment financing​
  • Agro-inputs (seeds, fertilizers, herbicides, pesticides, feeds, etc) financing
  • Agricultural (farm) project financing
  • Agro-commodity trade and export financing
  • Agro-processing financing​
  • Agro-products distributorship financing

We also finance the entire agricultural value chain businesses using intervention funds from our development finance institution partners including the Central Bank of Nigeria (CBN) at single digit (9%) interest rate. We participate in the CBN intervention programmes including CACS, ABP, RSSF, ACGSF, etc.​

In addition to funding, our team of highly experienced agribusiness experts always offer sound advisory solutions in the various areas of agriculture and business.