AGRICULTURE NEWS - Farmers who will require financing from the Land Bank in the near future will encounter difficulties in accessing such funding due to the bank’s current liquidity challenges.
In addition, it would mean that other commercial banks that offer agriculture funding had to “pick up the slack”, said Dawie Roodt, economist at Efficient Group.
This followed an announcement on 18 August that Standard Chartered Bank had served an urgent application on the Land Bank to recover a “certain debt” from the former, the Land Bank said in statement on the Johannesburg Stock Exchange’s news service.
Read the full article here on the Caxton publication, Farmer's Weekly
