Damascus-Sana
The Board of Directors of the Agricultural Cooperative Bank announced in a resolution its approval to resume financing loans for the purchase of modern irrigation networks through the National Project for the Transformation to Modern Irrigation.
The board's decision, which SANA received today, allows farmers to finance the purchase of modern irrigation networks at 60 percent of the value of the network, providing a grant from the National Transformation Fund for Modern Irrigation.
The decision also allows farmers to finance the purchase of modern irrigation networks with a loan of 50 percent of the value of the network. A grant from the National Fund for Modern Irrigation is to be paid.
The Board of Directors of the Bank issued a resolution approving the inclusion of the purpose of purchasing and installing electrical switching centers or electrical wires as long-term loans under Article 16 of the bank's operational regulations. Maximum.
The Agricultural Cooperative Bank has achieved remarkable progress in the implementation of its production plan for the current year, where the volume of loans granted to farmers and peasants during the first quarter of this year 1.5 billion Syrian pounds.
Handsome Adawi
Follow the latest news through the Telegram app on smartphones via the link:
https://telegram.me/SyrianArabNewsAgency
Follow our page on the social networking site VK at:
http://vk.com/syrianarabnewsagency