Bank Of Baku

Proposals on increase of volume and term of credits for agriculture spheres to be drafted in Azerbaijan

Proposals on increase of volume and term of credits for agriculture spheres to be drafted in Azerbaijan
# 04 February 2011 14:16 (UTC +04:00)
According to him, the proposals will cover the increase of credit’s term and volume for tea-growing and gardening spheres, at the same time, issues on increase of credits for agriculture productions allocated by NESF from AZN 5 mln to AZN 7-8 mln.

“NESF has granted near AZN 4 mln credit to these spheres. But, current term and volume of credit allocated by NESF to entrepreneurs is AZN 15 000 and for 2 years. But, 7-8 years are required or improvement of vine-growing and tea-growing spheres”.

He also noted that the proposals are expected to be realized this year.
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THE OPERATION IS BEING PERFORMED