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New powers given to Agricultural Credit Agency - Changes in decree

08.04.2020,17:39


April 8, Fineko/abc.az. President Ilham Aliyev has endorsed the amendments to the decree on approval of the Regulation on the Agency for Agricultural Credit & Development under the Ministry of Agriculture dated 23 July 2015.

ABC.AZ reports that according to the presidential decree signed in this regard the Agency is given new powers.

From now on, the Agency will partially cover the risks of micro-loans received by individuals and legal entities engaged in business activities in the agricultural sector, family farms through authorized credit organizations.