Promoting the development of agriculture in Armenia is one of the most important missions of "Armenian Leasing Company" UCO CJSC.
Within the framework of it, Armleasing joins to "State Leasing Support for Agricultural Machinery Leasing in the Republic of Armenia", "Subsidizing Interest Rates on Loans for Agricultural Raw Materials Purchase", "State Leasing of Agro-Food Equipment in the Republic of Armenia" .
On November 22, Arsen Bazikyan, Chief Executive Officer of Armenian Leasing Company UCO CJSC, Artak Kamalyan, RA Deputy Minister of Economy, and Vahe Harutyunyan, Acting Director of the Rural Financing Facility of the RA Ministry of Economy's Office for Rural Development Programs, signed memorandum.
The parties agreed to cooperate on providing affordable terms in the agricultural sector of the Republic of Armenia, in particular, supply of agricultural machinery using leasing mechanisms, for legal entities engaged in the agro-processing industry operating in the country, subsidizing targeted loans to individual entrepreneurs and legal entities, including agricultural cooperatives) to subsidize the interest rate on leased equipment.