PROCREDIT BANK LAUNCHES LARGE-SCALE AGRICULTURAL LENDING PROGRAM

/PanARMENIAN.Net/
22.10.2009 16:01 GMT+04:00

/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.