RA government to grant AMD 559 million loan to medium and small businesses
In accordance with Governmental decree, National Center for Small and Medium-sized Business Development will be granted AMD 559 million loan, bail-free, with 0,001% of annual interest.
State loan, secured on personal and real estate, will be granted to business entities with 12% of annual interest. Loan term is 5 years, with a 2-year grace period.
Vayk Group and Concert, engaged in agricultural production proceeding, will be granted the state credit.
State loan, secured on personal and real estate, will be granted to business entities with 12% of annual interest. Loan term is 5 years, with a 2-year grace period.
Vayk Group and Concert, engaged in agricultural production proceeding, will be granted the state credit.
