YEREVAN, July 8. /ARKA/. As part of Armenian government assistance programs, designed to help farmers overcome the socio-economic consequences of the coronavirus, the latter were provided with 18 thousand loans worth 37 billion drams, Deputy Minister of Economy Arman Khojoyan said at a press conference on Wednesday.

He said the amount was three times the amount of loans issued last year in the same time span. The deputy minister said also that according to the data provided by the Central Bank, 16.2 thousand loans totaling 23 billion drams were provided under the second assistance program

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Tags: Armenia, farmer, government, LOANS

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ACBA-CREDIT AGRICOLE BANK told the success story of one of its clients – a hard-working farmer from the village of Hatis in Kotayk region of Armenia

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Tags: ACBA-Credit Agricole bank, farmer, Hatis, story

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Kamo Khachatryan, a resident of Kamaris, a village, located on the western slopes of Geghama Mountains, has the reputation of a man of unconquerable will. He went many trials before becoming a role model for many

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Tags: ACBA-Credit Agricole bank, farmer, Kamaris, Kamo Khachatryan

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Some 10,000 farmers who have taken loans from banks were hit by hailstorms in May, Arthur Javadyan, the head of the Central bank of Armenia, said today at a on the Cabinet’s on-site meeting in Armavir province

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Tags: farmer, hailstorm, Javadyan

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Armenian farmers will be issued around 15 billion drams in loans this year, according to a deputy minister of agriculture Garnik Petrosian. He said to reporters that the banks will start issuing loans from mid-April

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Tags: agricultural, Armenia, farmer

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The project office for implementation of projects, affiliated with Armenia’s ministry of finance, has provided farmers across the country with more than $ 30 million in loans to finance about 1,056 programs, the office told ARKA

Categories: General news, Loan organizations, News | Comments Off on Armenian farmers provided $30 million loans through universal crediting organizations

Tags: Armenia, Credit, farmer

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