EN
22 October 2009 - 12:01 AMT

ProCredit Bank launches large-scale agricultural lending program

By opening a new branch in Artashat city (Ararat region) ProCredit Bank successfully expanded into a new region, launching a new agricultural lending project, the bank’s press service reports.

As noted by ProCredit Bank CJSC Executive Director Bertolt Hertzfeldt the bank aims to assist in development of agriculture as an important branch of economy. “The new services distinguish themselves in the market by their favorable conditions for clients, such as flexible repayment and collateral conditions.,” he said.

Having started financial lending from Ararat marz, the bank will continue the project in other regions as well.