With the purpose of continuing to increase financial inclusion and especially for the people of the field, The Agrarian Bank decided to increase, up to 80 years, The age in which it grants credit without co -debtor or solidarity debtor in rural credit.
The product will be accompanied with insurance, which will respond in case of death of the debtor.
Active customers over 70 years of the Agrarian Bank are 183,641.
In this way, the State Capital Bank enters the segment of the so -called silver economy, in which financial products and services are emerging every day for older people also by virtue of a greater number of people over 60 years old and that for different reasons they remain in force.
According to the DANE, in Colombia, more than 20% of the rural population is over 60 years old and life expectancy already exceeds 77 years, and continues to increase.
Also, Banking of opportunities has been insisting on different reports that factors such as age continue to act as an invisible barrier for financial access in collection and placement products.
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The new announcement of the entity.
Agrarian Bank
According to sources from the banking entity, it seeks to generate financial justice for people who have been productive for several decades, but have had little access to formal credit.
Derived from this argument, the cluster of Years of Work Experience It also generates a confidence factor for the fulfillment of its obligations.
Additionally, this product also contributes to that population from the claws of informal modalities such as the so -called drop by drop.
At the end of last May, The Agrarian Bank of Colombia had a total gross portfolio of $ 23.15 billion, according to the figures of the Financial Superintendence.
In addition, at the fifth month of the year the quality indicator of the portfolio of the bank was 8.16%.
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Holman Rodríguez
Portfolio journalist
