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Tag: farmers

Armenian farmers to be given government guarantees

The government of Armenia will provide farmers with credit guarantees, Deputy Economy Minister Artak Kamalyan told reporters on Tuesday

Farmers in Armenia may get loans at 3-5% interest rate

As part of a government program on subsidizing interest rates, farmers and agricultural cooperatives can get loans at the interest rate of up to 5%

Upper benchmark for consumer loans for farmers to rise

At its regular meeting held Thursday, the Armenian government upheld amendments to the consumer lending law and a number of related laws

Armenian government to consider farmers individually in easing their tax burden

Gegham Gevorgyan, Armenian acting agriculture minister, said Wednesday presenting the 2019 draft government budget to parliamentary committees that the government should display personal approach in easing farmers’ tax burden

ACBA-CREDIT AGRICOLE BANK to help farmers improve their financial literacy

The Executive Director of the Armenian Agriculture Development Fund Gegham Grigoryan and the Deputy Executive Director of ACBA-CREDIT AGRICOLE BANK Norik Nazaryan signed a Memorandum of Cooperation today

Kamurj joins government program on subsidized loans

The Kamurj credit organization has joined an Armenian government’s program designed to provide subsidized agricultural loans, the ministry of agriculture said

Armenian farmers may claim loans at 2 percent rate

As part of a project designed to encourage Armenian farmers to switch to drip irrigation, the latter will be able to receive loans at a rate of 2% per annum for a period of three years, the press service of the Ministry of Agriculture said today

ACBA-CREDIT AGRICOLE BANK to provide targeted loans to Armenian farmers for acquisition of hailstorm protection units

A trilateral memorandum was signed today between ACBA-CREDIT AGRICOLE BANK, the UNDP Armenia Office and ARNAP Foundation – the National Platform of Disaster Risk Reduction

Anelik Bank announces new lending program for farmers

Armenia-based Anelik Bank has announced today a new lending tool designed specifically for farmers as part of two credit programs - "Rural Financial Structure" and "Millennium Challenges."