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Within the frames of Project “Preferential Agrocredit” credits issued by JSC “BasisBank” have reached 20 million GEL


On April 10 in the Hotel “Radisson Blu Iveria” was hold final reporting presentation concerning annual activity of Project of “Preferential Agrocredit”.

We remind you of “Preferential Agrocredit Project” developed by Ministry of Agriculture which is performed by “Project Management Agency of Ministry of Agriculture.

The purpose of the project is strengthening of agro-industrial complex and development of agriculture in Georgia. 

In the frame of the project within the support of banks and foundation of Agriculture development is  issuing preferential credits to farmers.

 Project is divided by three components in order to make possible to get credit to any kind of customers whether for peasants, farmers or for large entrepreneurs.

“BasisBank” is involved in 2nd and 3rd components. Under the project credit portfolio has reached 20 million. 

Overall, at the final meeting the project has been evaluated positively. It should be noted that since January 1, 2014 the project is funded from the state budget.

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