K&H Bank has signed a strategic cooperation agreement with the Association of Hungarian Sheep and Goat Breeders.
As part of the agreement, the bank will strengthen its commitment to supporting sustainable and innovative agricultural projects. The sheep and goat sector offers new opportunities for Hungarian farmers and is gaining increasing importance in the European market. From an environmental perspective, the sector also plays a vital role, as proper animal husbandry contributes to the preservation of biodiversity.
K&H holds nearly 25% of the market share in agricultural financing and 17% in the food industry.
In Hungary, there are between 7,000 and 8,000 sheep and goat farms, including individual farmers. According to data from the Hungarian Central Statistical Office (KSH), as of June 1, 2024, the sheep population stood at 917,900, with 696,000 breeding ewes and approximately 30,000 registered goats. The commercial livestock base totals 5,000–6,000 animals per year, 95% of which are exported – primarily to Italy, but also to Germany, Austria, and the Arabian Peninsula.