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.