Tailor made financial solutions for agriculture
AFGRI affords both producer and specialised lending within the agricultural sector through the wholly owned subsidiary GroCapital Financial Services (Pty) Ltd. In addition, this segment of the Group’s operations provides insurance and commodity broking services to both producers and consumers of primary agricultural products. The Group’s Treasury and Zambian operations are also included in this segment.
GroCapital
GroCapital Financial Services prides itself on being the leading
provider of specialised finance to corporates that are involved
in the agricultural value chain. Furthermore, a wide range
of services, skills and expertise are also available to
customers in various other sectors of the economy involved in
international trade, focusing on product development and specialised
services to those sectors.
Tailor-made financial solutions ensuring great
service, resulting in customer profitability
Treasury and International
Trade Finance
GroCapital Financial Services, strives
to be the ultimate gateway for international
trade and foreign exchange
products and services through the
provision of innovative, flexible and
tailor-made solutions to suit all international
trade finance and foreign
exchange needs.
In this regard, South African Reserve
Bank (SARB) approval has been
obtained to transact directly with
clients holding hedging instruments
such as forward exchange agreements
or collars. The entire administrative
and exchange control processing
is taken care of on behalf of the
client, making our clients lives a lot
easier and saving them money.
Specialised Finance
Specialised Finance supplies tailormade
and innovative financial solutions
to the secondary agricultural
and related industries with a focus on
emerging markets with an emphasis on
Africa. This includes matching financing
needs to best suited financing packages
as well as facilitating import and
export documentation and proceeds.
Commodity Price
Risk Management
The Broking division offers clients a
facility to hedge price risk of agricultural
commodities such as maize, sunflower
and wheat on SAFEX which
is part of the Johannesburg Stock
Exchange (JSE). Clients can trade
on Yield-X, also part of the JSE
offering to clients. It affords individuals
or companies the opportunity to
enter into futures and options transactions
such as currency, bond and
other interest rate derivative futures
and options.
