Aqrarkredit increases loans to entrepreneurs in Nakhchivan

15:32 - 16.03.2023


March 16, Fineko/abc.az. Agrarkredit CJSC expands the sphere of lending to entrepreneurs operating in the Nakhchivan Autonomous Republic.

ABC.AZ reports that Aqrarkredit CJSC has a regional branch serving all districts of the NAR.

The loan portfolio of the Nakhchivan branch as of 1 January 2023 amounted to AZN 2.6 million.

Currently, the branch serves more than 400 borrower entrepreneurs.

The development of entrepreneurship requires the expansion of financial services, in particular, improving the availability of financial and credit resources.

On 14 March 2023, a non-bank credit organization of Aqrarkredit CJSC, which has high experience in lending to the agricultural sector of the country, gave loans to NAR-operating entrepreneurs in the Nakhchivan branch.