  ProCredit Bank launches large-scale agricultural lending programOctober 22, 2009 - 17:01 AMT PanARMENIAN.Net - 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.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
