Bank Of Baku

Sale of technique via Agrolizing simplified in Azerbaijan

Sale of technique via Agrolizing simplified in Azerbaijan
# 07 January 2011 12:34 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. The rules on leasiong and sale of agricultural technique to farmers were simplified in Azerbaijan. According to APA-Economics, the down payment for leased of sold technique was decreased to 10%, in accordance to decision of Cabinet of Ministers.

Agrolizing says these changes will simplify purchasing processes of agricultural techniques. Company’s spokesman Rovshan Asgerov says that, over 90% of sold techniques was amounted below AZN 40 000. That’s why decrease of down payment will influence on purchases positively.

Note that, Agrolizing operates under the Ministry of Agriculture.
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