All news related to agriculture

German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

14.12.2017 18:38

German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

YEREVAN, December 14. /ARKA/. The government of Armenia has approved today a draft grant agreement between the ministry of finance and the German state-owned KfW bank to the tune of 5.3 million euros. The money will be used to assist the introduction of agricultural insurance scheme in Armenia.

Deputy finance minister Karen Tamazyan said the core of the project is to insure the agricultural sector against climatic risks.

According to him, in accordance with the agreement, the financing of the program will be implemented by Armenia and Germany on a parity basis. The funds will be provided in two disbursements. Earlier minister of agriculture Ignaty Arakelyan stated that about $5 million will be spent on the introduction of agricultural insurance in three years.

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

24.11.2017 18:50

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

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Government to lower rates on subsidized loans

26.07.2017 18:58

Government to lower rates on subsidized loans

The government of Armenia is going to lower the rates on subsidized loans provided to farmers and also increase the related financing, Deputy Minister of Agriculture Robert Makaryan told journalists on Wednesday

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ACBA-CREDIT AGRICOLE BANK launches third organic agriculture development program

25.07.2017 16:25

ACBA-CREDIT AGRICOLE BANK launches third organic agriculture development program

Armenia-based ACBA-CREDIT AGRICOLE BANK together with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, launched July 24 the third free program called “Development of Organic Agriculture”

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Armenian minister of agriculture has no solution for high-interest rate loans

17.02.2017 13:06

Armenian minister of agriculture has no solution for high-interest rate loans

The ministry of agriculture does not know how to solve the problem of high interest rates on agricultural loans, Armenian minister of agriculture Ignaty Arakelyan told a news conference today

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Armenian credit organizations’ lending to agriculture shrinks 1.3% to AMD 49.4 billion in October

14.12.2016 15:37

Armenian credit organizations’ lending to agriculture shrinks 1.3% to AMD 49.4 billion in October

Armenia’s credit organizations lent about AMD 49.4 billion to agriculture sector in October 2016, compared with the previous month, the Central Bank of Armenia says in its monthly bulletin

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Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign USD 15 million loan agreement to boost Armenia’s SME and agriculture

18.10.2016 17:16

Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign  USD 15 million loan agreement to boost Armenia’s SME and agriculture

The Dutch Development Bank (FMO) and Armenia-based ACBA-CREDIT AGRICOLE BANK have signed a loan agreement to the tune of USD 15 million

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Armenia to introduce agriculture insurance system

15.08.2016 12:03

Armenia to introduce agriculture insurance system

Armenia will introduce an agriculture insurance system, Armen Harutyunyan, Armenian deputy agriculture minister, told journalists on Friday.
In his words, the methodology of the system introduction has already been discussed and developed with support from the Central Bank of Armenia

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ACBA-CREDIT AGRICOLE BANK names winners of free certification of organic agriculture products program

19.05.2016 16:47

ACBA-CREDIT AGRICOLE BANK names winners of  free certification of organic agriculture products program

ACBA-CREDIT AGRICOLE BANK has named today the winners of a free “Certification of Organic Agricultural Products” program

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Agriculture and industry contributes to Armenia’s economic activity hike to 2.7 percent

06.07.2015 13:46

Agriculture and industry contributes to Armenia’s economic activity hike to 2.7 percent

YEREVAN, July 6. /ARKA/. Armenia’s economic activity hiked to 2.7% in January-May this year, due to growth in agriculture and industry, the press office of the Central Bank of Armenia reported. The board of the central bank says the macroeconomic stability obtained in the beginning of the year helps promote economic activity recovery, according to […]

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