Friday, August 11 2017 14:24
Karine Melikyan

Armenian Agriculture Ministrty: Within the framework of agrarian state program of subsidizing leasing 82 units of agricultural machinery

Armenian Agriculture Ministrty: Within the framework of agrarian state program of subsidizing leasing 82 units of agricultural machinery

ArmInfo. As part of the agrarian state program subsidizing leasing granted on August 11, 82 units of agricultural machinery, including. 46 tractors. According to the press service of the RA Ministry of Agriculture, today, the state program includes universal credit companies SMC Investments and Card AgroCredit, and the leasing company ACBA Leasing, and the suppliers are 4 companies, two of which are Spetsmash LLC and Grashk Aigi . According to the source, agricultural equipment is leased in the framework of the state program of subsiding on the following conditions:  prepayment - 20%, interest rate - 2% per annum, maturity - 3-10 years, depending on the type of equipment. Under this state program, it is possible to purchase tractors of different brands, combine harvesters, balers, seeders, plows, mowers, potato-sewers, potato diggers, cultivators, trucks, sprayers and other agricultural equipment.

According to Financial Rating of Banks and Credit Companies of Armenia on June 30, 2017, prepared by ArmInfo News Agency , total volume of leasing operations amounted to 15.6 billion AMD, the lion's share of which falls on ACBA Leasing - 12.3 billion AMD. A year ago, as of June 30, 2016, total volume of leasing operations was higher - 16.5 billion AMD, of which ACBA Leasing accounted for 12.6 billion AMD. As of January 1, 2017, the total volume of leasing operations was 16.7 bln AMD, incl. ACBA Leasing - 13.1 billion AMD. In 2016, the total volume of leasing operations increased by 10%, and only the portfolio of ACBA Leasing increased by 11%. From Armenian banks, leasing operations are carried out by Ameriabank, Araratbank, Converse Bank and VTB Bank (Armenia), and there are three leasing companies - ACBA Leasing, Agroleasing and Unileasing. The volume of leasing operations ACBA Leasing is reflected in the consolidated balance sheet of ACBA-Credit Agricole.

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