Bank Of Baku

Agrarkredit to increase crediting of agriculture from next year

Agrarkredit to increase crediting of agriculture from next year
# 10 October 2011 08:59 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Each year, Azerbaijan-based Agrarkredit non-banking credit organization allocates AZN 15 mln to economic subjects, operating in the agricultural sector of the country, board member Suleyman Kalashov said.

Kalashov says the funds are allocated mostly in development of plant, seed and cattle breeding. The volume of these funds is expected to increase in the coming years.

Remind that, Agrarkredit non-banking organization has been in operation since 2001. It operates 12 branches and 4 representations across the country.
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THE OPERATION IS BEING PERFORMED