AN ORIENTATION: “OPPORTUNITIES ON AGRICULTURAL LENDING”

DOLORES, CITY OF SAN FERNANDO, PAMPANGA, January 22, 2016 – In its efforts to heed to its calling for financial inclusion, BOF, Inc. conducted an orientation relative to “Opportunities on Agricultural Lending.”

Leveraging government information on the topic, BOF, Inc. invited experts in the matter. The Resource Speakers were Ms. Elenita R. Ordonio, Officer-In-Charge / Provincial Director of DTI Pampanga Provincial Office; Mr. Ricky J. Hernandez, Chief, Licenses, Patents and Deeds Division, Department of Environment and Natural Resources (DENR) Region III; Mr. William Valdez, Agriculture Marketing Division Chief of Department of Agriculture Regional Field Office III. Also in the event to illuminate the group was Mr. Christopher “Happy” A. Tan of Bridge Advisory Service, A multi-disciplinary service provider offering a full range of financial related services.

In this photo (L to R): Ms. Analiza O. Pulido, Senior Vice President III; Ms. Teresa David-Carlos, Chairman & President; Mr. William Valdez, Resource Speaker; Ms. Susan David-Nunga, Senior Executive Vice President IV; and Mr. Jaime P. Panganiban, Executive Vice President.

In this photo (L to R): Mr. Jaime P. Panganiban, Executive Vice President.; Ms. Teresa David-Carlos, Chairman & President; Mr. Ricky J. Hernandez, Resource Speaker; Ms. Analiza O. Pulido, Senior Vice President III; and Ms. Susan David-Nunga, Senior Executive Vice President IV.

In this photo (L to R): Ms. Teresa David-Carlos, Chairman & President; Ms. Elenita R. Ordonio, Resource Speaker; Ms. Susan David-Nunga, Senior Executive Vice President IV and Ms. Analiza O. Pulido, Senior Vice President III.

With ASEAN integration in place and agricultural lending in emerging markets has been a bright spots to banks. Agricultural lending presents a significant source of bank income as it explore possibilities with the various agricultural lending markets including the unserved and the underserved.

The orientation revolved on agricultural value chain finance providing basic skills needed to begin to undertake credit analysis, loan structuring, and monitoring, as well as imparting guidance on dealing with problem loans for agricultural customers.

The speakers shared the value chain approach to help understand the risks involved and diversify lending portfolios accordingly to reduce systemic risks change production, price and even political. Furthermore, a careful consideration and understanding of the market segment helps to assess the potential for those involved to move across chains as the market changes and/or to adjust to these market changes.