04.06.2018,12:51
June 4, Fineko/abc.az. One more bank has become authorized on giving of subsidized agricultural loans within the Ministry of Agriculture of Azerbaijan.
The Ministry reports that the State Agency for Rural Projects & Loans and Rabitabank have signed the Protocol of Intentions today.
Earlier, the Agency signed similar protocols with the International Bank of Azerbaijan, Pasha Bank, Kapital Bank, Turanbank, non-bank credit organizations Aqrarkredit, Finoko, and Finans Invest. By the end of the year, it is planned to give loans to farmers for AZN 10 million at interest rate of 7% per annum.
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