At the Expo San Juan Minera 2024, Banco San Juan signed agreements with important local companies for Financing for Working Capital and Investment Projects, within the framework of the plan presented this week in conjunction with the province that will inject a total of $35,000 million pesos at subsidized rates for the various productive sectors.
At the expo, the Bank and Grupo González (González González SA) signed a Framework Agreement for Reciprocal Assistance and Collaboration with the aim of promoting the development of suppliers of goods and services in mining activity. The agreement was signed by the Wholesale Banking Manager of Banco San Juan, Marcelo Zunino, and Eduardo Savastano, CEO of the González Group (photo).
Other similar agreements were reached with the companies Arturo Yacopini SA and Solimin SRL, which will be joined in the coming days by other recognized firms in the province.
The general manager of Banco San Juan, Silvina Bellantig, highlighted that “as the province’s financial agent we renew our commitment to the different value chains and accompany their development with products and services and the financing program that we make available to production with “very beneficial and competitive characteristics.” And she added that the financial entity develops tools to promote improvements in the conditions of access to credit that contribute to the economic development of its clients and the entire San Juan community.
Bellantig participated this week in the presentation of the new financing program that will inject a total of $35,000 million pesos at a subsidized rate that the Bank will make available to different productive sectors through nine lines of credit for large, small and medium-sized companies and entrepreneurs, intended for investment in capital goods and working capital, which will benefit the industrial, agricultural, commerce, services, construction and mining sectors. In addition, investments intended to finance water and energy efficiency projects or the use of renewable energy will have an additional bonus.
The loans will have an interest rate bonus from the Provincial Government of up to 10 percentage points for check discounting and up to 20% of the rate throughout the entire term of the loan for investment projects.
Banco San Juan brought to the Expo San Juan Minera its wide range of solutions for the segment, which includes the design of specific products, among which the advance of service invoices to suppliers of mining projects, exclusive financing lines with terms and competitive rates with easy access, fluidity and agility in operations and the Visa Mining Card, a solution created to facilitate the operations of the mining sector in its different stages, since it allows the needs of the value chain to be covered comprehensively.
Banco San Juan is the leading financial entity in the province of San Juan, strongly committed to its economic development. Its activities are concentrated in the area of financial services to the private and public sectors, promoting and accompanying the growth of the different regional economic actors through a wide range of products and services designed to satisfy the needs of companies in the Province. It has an important territorial presence in the Province of San Juan through its branches, ATMs and contact points.
