“KAMURJ” UCO CJSC has signed new loan contract
20.09.2017

“KAMURJ” Universal Credit Organization has signed a loan contract for about 2.5 million USD with Bank im Bistum Essen eG international company, due to which will have opportunity to give available loans to small and medium-sized businesses, particularly in agricultural sector.

“As a result of our negotiations with Bank im Bistum Essen eG a long-term USD currency deal has been signedwhich allowed to attract funds at low interest rates, which will enable us to provide loans to our customers at a lower interest rate and longer term.

The "KAMURJ" credit organization's strategy is aimed at signing contracts and attracting resources, which make it possible to make crediting terms more affordable. Diversified deployment of attracted funds  will contribute to the small and medium-sized business, especially the agricultural sector and its development" ,- said the head of “KAMURJ” UCO CJSC Treasury A. Hovakimyan.

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