El Salvador: BFA Shopping for Agricultural Insurance

©image: Lars Plougmann

Nora de López, president of the institution, explained they have held meetings with insurance companies, and are pondering whether to launch a public bidding process for hiring this insurance.

"Additionally, De López added they are working on getting credit insurance. 'Our portfolio of loans to the agricultural sector has become a high-risk one. We, as a bank, are financing this high-risk portfolio, and it is inconvenient, for us and our customers, not to have the protection of agricultural insurance'", told De López to Laprensagrafica.com.

Source: laprensagrafica.com

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