Aligning agribanking strategies with trends of the future: Banco Pichincha

SME Banking
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28/09/2021 Perspective
José A. Carrera Espinosa is Senior Advisor for International Relations at Banco Pichincha. He spoke with Efma's Lukas Dzuroska about the bank's holistic view of the agricultural supply chain that helps them deliver solutions to Ecuadorian businesses.  


In your opinion, what role can banks play in the sustainable agriculture movement?

Banks play a main role, providing access to tailor-made financial products and services as well as to non-financial ones, such as specialized agri information, crucial for the success of micro-, small-, and medium-sized enterprises within the food and agribusiness sectors.

It is also the responsibility of the banking sector to work in innovative products that can lead to greener production, such as financing the transition to an agroforestry production or repayments with carbon credits.

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