{"id":92326,"date":"2015-10-27T12:12:34","date_gmt":"2015-10-27T12:12:34","guid":{"rendered":"https:\/\/armbanks.am\/2015\/10\/27\/243737\/"},"modified":"2024-12-15T13:20:42","modified_gmt":"2024-12-15T13:20:42","slug":"anelik-bank-announces-new-lending-program-for-farmers","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/10\/27\/92326\/","title":{"rendered":"Anelik Bank announces new lending program for farmers"},"content":{"rendered":"<p><strong>YEREVAN, October 27. \/ ARKA \/.<\/strong> Armenia-based Anelik Bank has announced today a new lending tool designed specifically for farmers as part of two credit programs &#8211; &#8220;Rural Financial Structure&#8221; and &#8220;Millennium Challenges.&#8221;<\/p>\n<p>The Bank said in a press release that the lending will be provided for capital expenditures, acquisition of seeds, as well as for increasing working assets.<\/p>\n<p>Loans under the &#8220;Millennium Challenges&#8221; program up to 20 million drams with the maturity period of 5 years and 12% interest rate will be provided for capital investment or purchase of seeds.<\/p>\n<p>Loans under the \u00abRural Financial Structure\u2019 program up to $150,000 or the equivalent in drams, will be provided to farms that seek to make capital investments or replenish their working capital<\/p>\n<p>&#8220;Agriculture is one of the most important and priority sectors of the Armenian economy. This is the reason\u00a0 why Anelik Bank uses all available means to help this\u00a0 sector\u2019s development&#8221;, a press officer of the Bank, Astghik Martirosyan is quoted as saying in the press release.<\/p>\n<p>Martirosyan recalled that Anelik Bank also provides three types of loans to individual farmers -mortgage loans, as well as loans secured by guarantees and\u00a0 gold.<\/p>\n<p>Anelik Bank was founded in 1990. Now it is wholly owned by Lebanese Credit Bank SAL. ($ 1 &#8211; 470.74 drams) .- 0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia-based Anelik Bank has announced today a new lending tool designed specifically for farmers as part of two credit programs &#8211; &#8220;Rural Financial Structure&#8221; and &#8220;Millennium Challenges.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":160295,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15666,14047,14048],"class_list":{"0":"post-92326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-anelik-bank-2","10":"tag-farmers","11":"tag-lending-program"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=92326"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/160295"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=92326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=92326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=92326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}