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As-Suwayda farmers granted development loans worth 420 million pounds last year

2021-01-07T11:35:01.160Z


Sweida-SANA During the past year, the Agricultural Cooperative Bank branch in Sweida and its offices granted development loans to the


Sweida-Sana

During the past year, the Agricultural Cooperative Bank branch in Sweida and its offices granted development loans to farmers worth 420 million pounds.

In a statement to SANA correspondent, the bank branch manager, Eng. Naseem Hudayfa, indicated that the loans included various agricultural purposes and with different repayment periods, and a large part of them focused on buying tractors and tractors, indicating that since June, the need schedule for financing all loans at the popular prices began at a rate of 50, 60 and 70 percent. From actual cost to lending.

Eng. Hudayfa pointed out that the bank’s deposits and its branches in the governorate recorded at the end of last year an amount of 1,600 billion Syrian pounds, which included demand, savings, and term deposits.

Hudayfa pointed out that last year the bank disbursed an amount of 3.300 billion pounds to farmers for the prices of agricultural crops delivered to government institutions.

Source: sena

All news articles on 2021-01-07

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