YEREVAN, October 5. /ARKA/. Unibank, which is an active lender to farmers in Armenia, promoting the development of agriculture, sent a delegation to the international agricultural exhibition “AGROPRODMASH,” which runs October 4-8 in Moscow, the Russian Federation, the bank’s press service reported.
‘AGROPRODMASH’ is an important platform for industry professionals, traditionally featuring the latest developments and achievements in the food industry. Some 739 companies from 29 countries of Europe and Asia are participating in the exhibition.
“By supporting small and medium-sized businesses in the agricultural sector, we carefully study the world achievements that contribute to the development of agriculture. This allows us to better understand the needs of farmers and develop banking products that help our clients to bring their business to a new level,” said Mesrop Hakobyan, Unibank Board Chairman.
Timely and affordable lending plays a huge role in the development of the agricultural sector. Unibank offers small and medium-sized agricultural businesses a loan product that best suits the needs of farmers. The bank provides loans in AMD for up to five years at 12% interest rate. With these funds, the bank’s clients purchase land plots, equipment and livestock, build greenhouses, equip subsidiary farms, buy seeds and fertilizers, and plant gardens. Both legal entities and individual entrepreneurs can receive financial support.
“We will make every effort so that the farmers of Armenia expand their farms with our financial support, equip them with the most modern equipment and increase the profitability of their farms. We understand that agriculture is moving towards digitalization and robotics. A visit to the largest specialized exhibition is a good opportunity to meet with experts in the field, to get acquainted with new technologies that will be relevant for our clients,” said David Petrosyan, Sales and Corporate Business Development Director of Unibank. – 0—
