The Agrarian Bank of Colombia was created to support the development of the agricultural sector and rural of the country and, as such, it is under the supervision of the Ministry of Finance and Public Credit. However, who is the owner or the largest shareholder of this financial entity recognized for its work and transparency?
Official information maintains that The shareholding structure of Banco Agrario de Colombia is mainly composed of Grupo Bicentenario SASwhich is the majority shareholder, owning 99.999975% of the shares. This group is a mixed economy company created to lead public policy initiatives and maximize effectiveness in the entities under its control.
It also has other smaller owners who have a small percentage of the space.. Colombian Mercantile Exchange SAwhich owns approximately 0.000020% of the shares and Corabastos SAwith a share of around 0.000005%.
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For its part, Grupo Bicentenario has established itself as the fourth largest financial conglomerate in Colombiawith total assets of approximately $183 billion and equity exceeding $18 billion. For this reason, it has a great influence on the financial sector and the development of public policies.
In addition, it has 13 entities that work in a coordinated manner to offer innovative financial solutions, especially in sensitive areas such as agriculture, infrastructure and housing.
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Why is the Agrarian Bank so important in Colombia?
Agrarian Bank
Facebook: Agrarian Bank.
1.Financing of the Agricultural Sector: The Agrarian Bank is mainly dedicated to offering credit and financing to farmers and small producers. At least 70% of its credit operations are aimed at rural and agro-industrial activities.
2.Financial Inclusion: The entity has a special focus on financial inclusion, providing access to banking services in rural areas where other institutions are not present.
3.Support for MSMEs: In addition to its focus on the agricultural sector, Banco Agrario also supports micro, small and medium-sized businesses.
National Presence: With more than 790 offices throughout the country, Banco Agrario has extensive coverage that allows it to serve a large number of clients, even in remote regions.
