November 26 (SeeNews) - Bulgarian financial leasing company Elana Agrocredit [BUL:0EA] said that in October alone it financed purchases of agricultural land worth 2.6 million levs ($1.5 million/1.3 million euro).
October has been the strongest month for the company year to date, adding to 8.3 million levs of extended lease financing for the first nine months, the company records show.
Since the beginning of its activity until the end of October, the company had invested 71.1 million levs in the execution of financial lease contracts for the purchase of agricultural lands, according to the company's monthly report released on Friday.
In October, the company launched a campaign for working capital loans for 2018/2019, funding 202 clients with a total of 9.37 million levs. The campaign resulted in a 37% growth compared to the same month of 2017.
(1 euro = 1.95583 levs)