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Loans to agriculture sector make up about 70% of Aregak universal credit organization’s portfolio

20.04.2011 22:05

Loans to agriculture sector make up about 70% of Aregak universal credit organization’s portfolio

Exclusive interview of Aregak UCO Executive Director Mariam Yesayan with ARKA News Agency

ARKA – Does Aregak intend to extend low-interest loans to agricultural businesses, in view of the fact that this sector is among Armenian government’s priorities?

Yesayan – We launched campaign “In the Run-up to Agricultural Season” in April. This campaign that will last until the end of May implies lower annual interest rates (4%) on all types of loans. Our lending is expected to reach its peak now, and we want to help our clients by offering affordable loans to them.

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UCO “Aregak” has no plans to enter the market of consumers’ crediting

18.03.2010 20:46

UCO “Aregak” has no plans to enter the market of consumers’ crediting

UCO “Aregak” has no plans to enter the market of consumers’ crediting

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