Stakeholder Engagement Framework

Stakeholder Engagement Framework

Agribank's Stakeholder Engagement Framework (SEF) serves as a foundational document, outlining commitment to transparent and meaningful dialogue with all stakeholders. Guided by the principles of the International Finance Corporation (IFC), Performance Standards, and a dedication to environmental and social (E&S) sustainability, the framework establishes the principles, methodologies, and responsibilities for effective engagement across all facets of our operations. These include, but are not limited to, sales, marketing, advisory services, procurement, partnerships, and our corporate social responsibility initiatives.

Through proactive consultation and engagement, we aim to not only identify and mitigate potential environmental and social risks associated with our lending and operational activities but also to unlock opportunities for innovation, sustainable agricultural development, and inclusive growth.

To manage stakeholder relations effectively, a detailed engagement action plan for the Bank's identified stakeholders is devised annually.

Stakeholder Definition: Stakeholders are individuals or groups affected by or having an interest in Agribank's activities, including but not limited to:
  • Farmers (small-scale, commercial)
  • Rural communities
  • Local communities
  • Government agencies (Agriculture, Environment, Finance)
  • Traditional authorities
  • Industry associations
  • Environmental NGOs
  • Employees
  • Shareholders
  • Suppliers

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FAQ

What type of security must I provide for a loan at Agribank?

Loans are granted against security of fixed property, investment or any other acceptable form of security (fixed deposits, investments and surrendering value of policies). read more

Does Agribank also provide personal loans?

No, Agribank is not a commercial bank. read more

Does Agribank provide loans to first time farmers?

Yes, Agribank can assist you to start farming. read more

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