UASC Building, 1 Serenity Road, off Karshi-Apo Bye-pass Way, Karshi, FCT, Abuja, and all UASC Centres across Nigeria +234-807-307-1841 info@agricsolutions.org usreedt@gmail.com
Our Consultancy and Advisory Solution Services
for
Banks, Financial and Allied Institutions.
At AGRICS Ltd, our team has the agro-technical expertise, several years of agrindustry experience and the requisite networks within the Nigeria's agricultural sector to provide technical and risk management support and advisory solutions to commercial banks, micro-finance and other allied institutions that provide loans and credit, guarantees, insurance cover, etc to agribusiness firms, associations, farmers' cooperatives, etc who are engage in business activities along the agricultural value chain.
The average non performing loans (NPLs) in Nigerian Banks is about 15%, more than 200% above the 5% threshold provided by the prudential guidelines. Available data indicate that agricultural-related loans contribute to this high NPLs. At AGRICS Ltd, we offer a wide range of consulting solutions and advisory services to guide and assist Banks acquire and maintain high quality risk assets that guarantee the performance of agric loans for healthy agric loan portfolio at NPL far below 5%.
Nigeria's agriculture is predominantly rain-fed as over 85% of food and fibre are produced by smallholder farmers who depend on rainfall. Climate change has significantly altered the weather pattern making it difficult to predict annual rainfall pattern within the farming season. At AGRICS Ltd, we provide consulting solutions to insurance companies underwriting agribusiness insurance against natural perils, GIT, etc.
The average non performing loans (NPLs) in Nigerian Banks is about 15%, more than 200% above the 5% threshold provided by the prudential guidelines. Available data indicate that agricultural-related loans contribute to this high NPLs. At AGRICS Ltd, we offer a wide range of consulting solutions and advisory services to guide and assist Banks acquire and maintain high quality risk assets that guarantee the performance of agric loans for healthy agric loan portfolio at NPL far below 5%.
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Banks and Micro-Finance Institutions
The formal financial sector is the engine of economic growth and development of every country. Deposit money banks and micro-finance institutions play pivotal role as intermediaries in the movement of funds from the areas of surplus to the areas of deficit thereby driving economic growth and development through the funding of critical projects and programmes of the various sectors of the economy.
At AGRICS Ltd, we offer and deliver the following AgConsulting solution services to Banks and Micro-finance institutions.
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AgFinance Products Development
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Feasibility, Viability and Bankability Appraisal of Agribusiness Projects.
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Agricredit Risk Management.
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Agribusiness Capacity building and Training
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Agrindustry Finance Research & Advisory
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Acquisition of High Quality AgRisk Assets
For our above stated services, please click HERE to fill and return our e-request form.
Lending to agribusiness could be risky and tricky. For Banks to make informed lending decisions in successfully providing credit and loans to agribusiness firms, farmers, associations, etc, there is need for the Bank to clearly understand the agribusiness industry and market in which their customers operate. At AGRICS Ltd, we conduct industry and enterprise-specific empirical and evidence-based research and surveys for proper advisory of our client Banks.
Interest earnings is one of the significant sources of revenues to Banks and lending institutions. All businesses along the agricultural value chain of every enterprise are several industry actors seeking funding. At AGRICS Ltd, we identify and package prospecting high-quality agri-borrowers for Banks to build their risk-asset portfolio with very low NPL below the 5% prudential guideline benchmark. Contact us today.
Knowledge is key to the success of every business. Most Bank staff in marketing, credit risk and management lack the requisite understanding of how agribusinesses work. At AGRICS Ltd, we provide training and re-training of Bank staff as a strategic approach to better acquisition and management of agribusiness facilities. Contact us today.
Lending to agribusiness could be risky and tricky. For Banks to make informed lending decisions in successfully providing credit and loans to agribusiness firms, farmers, associations, etc, there is need for the Bank to clearly understand the agribusiness industry and market in which their customers operate. At AGRICS Ltd, we conduct industry and enterprise-specific empirical and evidence-based research and surveys for proper advisory of our client Banks.
In Nigeria today, aerial yield index insurance is gaining prominence among insurance companies who underwrite agricultural loans. The claims payout by these underwriters is via crop cutting exercise (CCE) often based on historical data obtained from random sampling of yields in specific agroecological space. At AGRICS Ltd, we audit the CCE report to advise and guide underwriters to avoid under or over-payment of claims. Contact us today.
Insurance business is based on the principle of pooled risks. This implies that the volume of risks covered by any insurance company in important in having adequate fund for payout to meet claims obligations. At AGRICS Ltd, we leverage on our wide network in the agribusiness industry to attract new businesses for our partner underwriters. Contact us today.
In Nigeria today, aerial yield index insurance is gaining prominence among insurance companies who underwrite agricultural loans. The claims payout by these underwriters is via crop cutting exercise (CCE) often based on historical data obtained from random sampling of yields in specific agroecological space. At AGRICS Ltd, we audit the CCE report to advise and guide underwriters to avoid under or over-payment of claims. Contact us today.
Insurance Companies
In this era of climate change, the roles of insurance companies in providing cover against insurable risks of biotic and abiotic in nature especially perils such as flooding, drought, pests and diseases infestations, etc have become critical. Most agribusiness that are funded with loans and credit from banks must be adequately insured. There are several insurance companies in Nigeria that underwrite agribusiness risks. In the last 3-5 years, these insurers have paid compensations worth over N20Billions in claims made by farmers and agribusiness firms. Most of these pay-outs are on aerial yield index (AYI) in which the amount is determined using the crop cutting exercise (CCE) technique basically determined via field data collection and analysis.
At AGRICS Ltd, we offer and deliver the following AgriConsulting solution services to our partner insurance companies.
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Acquisition of agrinsurance clients for our partner underwriters.
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Auditing of the AYI payout estimated using the CCE technique.
For our above stated services, please click HERE to fill and return our e-request form.
