A loan to a single agribusiness concern represents more than eight per cent of all the impaired loans of Rural Bank, the bank's owner, Bendigo and Adelaide Bank, has the told the Royal Commission into misconduct in financial services.As at June 2018, "Rural Bank's impaired term loan portfolio was A$186 million. The additional capital held against this portfolio (as required by APRA) was $9 million," Bendigo wrote in a submission.At that date there were only two customers with term loans being charged default interest by the bank," and these loans totalled approximately $15.5 million, with $15.1 million relating to one customer," the bank said.Westpac also chimed in with a few nuggets on its agribusiness lending."As at September 2017, Westpac had approximately 30,000 customers in the agricultural, fisheries and forestry sectors with business loans totalling over $10.4 billion," the bank said in its submission."The percentage of Westpac's agribusiness portfolio assessed as impaired represented 0.17 per cent of the overall Australian agribusiness portfolio total committed exposure."The average total committed exposure of agribusiness customers at Westpac is $570,000Westpac emphasised that "in the past two years, the bank has had no forced evictions in the agribusiness portfolio and has only appointed receivers in a small number of instances."NAB was another bank to volunteer a detail on two on this segment, writing that "in NAB's experience, the number of impaired loans within the agribusiness segment is generally as low as one per cent."NAB has appointed a receiver, liquidator or mortgagee in possession, or has acted as mortgagee in possession, in relation to an agricultural customer on only 13 occasions from 2015 to 2017 (out of approximately 20,000 agricultural customers)."Bendigo and Adelaide Bank, with a greater relative experience in the sector, argued that "the APRA standards which apply to agribusiness lending encourage banks to actively manage their credit risks through increased capital charges following 'default' - for example, when an account becomes 90 days past due.''Under current prudential standards the definition of default is the same for all asset classes, for example, as between residential and business loans."Present standards do not allow for different definitions of loan impairment in specific agricultural sectors (such as cropping or beef cattle). Given the long and infrequent cash flow cycles in many agricultural sectors, Rural Bank considers that 90 days past due is an inappropriate measure."