US EditionSantander Supports the Spanish Agricultural Sector with 2,975 Million to June, 20% More
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The bank emphasizes that part of the loans have been allocated to investment in agricultural technologies. Santander UK acquires British TSB from Sabadell for 3.1 billion euros in the midst of BBVA's takeover bid.
The companies of the sector, both SMEs and large companies, have opted to strengthen their investment in R & D & I with new machinery that includes GPS and sensors in the field to know the state of soil moisture or water needs, among other technologies. Also, part of this funding has been destined for research on new genetic varieties that adapt to climate change in order to make the farms more efficient, profitable and competitive.
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