In our banks, the default rate for agricultural loans is not higher than commercial ones. In fact, most years it is less.
On April 21st, 2010. See this statement in context.
On April 21st, 2010. See this statement in context.
April 21st, 2010 / 4:10 p.m.
Vice-President and Director, Agricultural Services, Scotiabank, Canadian Bankers Association
In our banks, the default rate for agricultural loans is not higher than commercial ones. In fact, most years it is less.
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