Last week, in Vigo, the team of the financial institution, Abanca, presented Abanca Mar, a new business unit specializing in the fishing sector. With this new unit, the company offers a specialized and personalized service that will cover the entire value chain of the sea.
That time, the bank made public the new unit within the framework of the International Fair of Products of the Sea (Conxemar in Spanish) to more than a hundred entrepreneurs and industry representatives. During the ceremony, the director of Banca de Pymes y Empresas, Victor Casal Anton, said that Abanca Mar will bring proximity and expertise to the fishing sector, as well as contributing with an integral financial offer to the particularities of the various segments in the sector. The offer goes from the owner shipyard or sailor, the producers’ cooperative and processing industry, to the traders and distributors of the products. Gabriel Gonzalez Eiroa, the Director of Commercial Network, also attended the presentation in Vigo.
Abanca Mar will serve the maritime and fishing sector through a proximity network that counts with 160 offices spread in different parts of the Galician coast. Abanca Mar has a team of 235 professionals specialized in the best financial solutions adapted to the characteristics of the fishing sector and its auxiliary industries.
Abanca Mar features a wide range of financial products and services specifically designed to meet the different needs of the sector -working capital, management and financing bills, borrowing short and medium term investment loans, foreign trade, services capital markets, among others-.
Javier Fraga Diaz, director of Abanca Mar, highlighted that this new offer has the special Campaign Mar Loan, which is a new product with no interest and special conditions offered to companies and professional funding in the short and medium term to meet the expenses related to the production cycle of activity. Two other differential products offered by Abanca Mar are Confir-Mar, a payment service to providers with financing options for both the employer and its provider and the Naval Mortgage, which is aimed to finance shipbuilding.