In response to the recent fires that have impacted the Valencia Community, including the Vall d’Ebo incident that burned tens of thousands of hectares, Santander has established a 20 million euro financing line designed to ease the burden on affected farmers and ranchers. This support package focuses on sustaining agricultural activity and facilitating practical needs such as farm rehabilitation, crop recovery, livestock feeding, and enhanced animal welfare. The goal is to help farms regain their footing quickly while preserving the livelihoods of rural communities across the region.
Farm operators with agricultural insurance through Santander will receive advance compensation under the policy, enabling them to stabilize operations and proceed with recovery plans without delay. This proactive approach helps mitigate cash-flow stress during a critical period and supports a smoother path back to normal production levels.
Beyond immediate relief, the bank provides broader access to the Community’s agricultural sector through additional financing and liquidity lines. The BEI Agro Line, for example, supports daily operational expenses, while flexible credit policies offer liquidity to cover ongoing needs. Santander’s swift financing proposals have proven pivotal for many farming entrepreneurs, allowing them to maintain activity and safeguard jobs within the agri-food value chain. In the first half of the year, the institution has backed the Valencian Community’s agri-food sector with substantial support, totaling approximately 130 million euros.
Popular offerings for the regional farming community include advances on harvests, digital transformation initiatives for the sector, and I+D+I oriented Agricultural Loans aimed at leasing, renting, or CAP program needs for 2022 and beyond. The bank’s continued commitment to agribusiness has long stood as a cornerstone of the local economy, reinforcing the importance of farmers, ranchers, producers, cooperatives, and supplier companies across the Valencian landscape. The organization has historically played a crucial role through economic cycles and crises, maintaining a steady emphasis on the agricultural sector as a vital pillar of social and economic resilience. [Citation: Santander Valencia agribusiness program overview]