RSD 1.5M TO ORGANIC MANUFACTURERS AT VII NLB ORGANIC CONVENTION

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NLB Bank Belgrade today awarded with the 1,500,000 dinars three best organic producers projects at the 7th NLB Organic Competition. The award was presented by the Minister of Agriculture, Forestry and Water Management, Branislav Nedimović.

“Since 2015, NLB Banka has been extremely active in supporting agriculture. Our support to agricultural farms is constantly increasing, and this year we will place more than 50 million euros in the agro segment. Market share of NLB Banka in the segment of agriculture is 11 percent,” said Branko Greganović, president of the Executive Board of NLB Banka Beograd, at the awarding ceremony to organic producers. “Our focus on agriculture is being transferred to the field of socially responsible business through the NLB Organic Competition, which supports the development of organic production, in order to contribute to the preservation of the environment and human health. Since 2012, when we launched NLB Organic, 354 projects participated, of which 61 projects this year. In the meantime, the number of organic producers in Serbia has increased significantly, from about one thousand in 2012 to almost 3,700 in 2017. The biggest growth was achieved by small producers who in the system of control within the group certificates” added Greganović.

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