24.01.2022

2.5% INTEREST FOR INVESTMENT LOANS IN AGRICULTURE

The management board of the state fund "Agriculture" reaffirmed the annual interest rate of 2.5 percent for the investment loans granted directly by the fund for 2022, they announced.

From 2002 to the beginning of 2014, the annual interest rate on loans was 6 percent. Since 2014, the interest rate has been reduced to 5 percent, and in 2016 - to 4 percent. In 2019 and 2020, the interest rate applied to loans was 3 percent, and in 2021 - 2.5 percent.

Applicants under the Credit Scheme for Investments in Agriculture and the Scheme for Lending to Persons with Approved Projects under the National Beekeeping Program 2020-2022 can take advantage of the relaxed interest conditions.