15:43 - 9.06.2022

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June 9, Fineko/abc.az. The share of subsidized loans in financing small and medium-sized businesses is growing.

ABC.AZ was informed at the Entrepreneurship Development Fund that to date, the Fund has financed about 41,300 projects through authorized credit organizations, and more than AZN 2.7 bn of subsidized loans have been given for these purposes.

The share of projects for the production and processing of agricultural products in the distribution of subsidized loans by economic sectors made up 91.7%. 6.1% accounted for the production and processing of industrial products, 1.6% for the development of services (infrastructure, medicine, education, etc.), and 0.6% for business entities operating in the tourism sector.