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Programs and funds

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Interest rate subsidization program for loans provided to the agri-food sector

The purpose of the Interest Rate Subsidization Program for Loans Provided to the Agri-Food Sector is to support the implementation of current and investment expenses in the agri-food sector of the Republic of Armenia.

Up to 36 months

Duration

13-14%

Interest rate

1.000.000 - 2.000.000 AMD

Maximum amount

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Loans for the establishment of intensive fruit-bearing orchards

The main objective of the program is to promote the establishment of modern, high-yield orchards through state support for the establishment of vineyards, intensive fruit orchards, and berry orchards cultivated using modern technologies, thereby contributing to the development and increased efficiency of fruit growing and viticulture. The program is regulated by Decision N 927-L approved by the Government of the Republic of Armenia on June 3, 2021.

96 months

Duration

12-17%

Nominal Interest Rate

Depends on the crop being planted

Maximum amount

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Loans for the installation of anti-hail nets

The main objective of the program is to reduce risks caused by hail and other climatic factors. The program is regulated by Decision N 927-L approved by the Government of the Republic of Armenia on June 3, 2021.

84 months

Duration

12.9-17.4%

Nominal Interest Rate

up to 1.210 billion AMD

Maximum amount

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Loans for the introduction of modern irrigation systems

The main objective of the Program is to promote the economical and efficient use of water resources through the introduction of modern irrigation systems. The Program is regulated by Decision No. 927-L of the Government of the Republic of Armenia, adopted on June 3, 2021.

Up to 48 months

Duration

12.9-17.4%

Nominal Interest Rate

Without limitation

Maximum amount

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Loans provided for the construction of water reservoirs

The main objective of the Program is to promote the economical and efficient use of water resources through the introduction of modern irrigation systems. The Program is regulated by Decision No. 927-L approved by the Government of the Republic of Armenia on June 3, 2021.

48 months

Duration

12.9-17.4%

Nominal Interest Rate

200,000,000 AMD

Maximum amount

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Loans provided for the cultivation of non-traditional high-value crops, including leguminous crops

The main objective of the Program is to promote the production of non-traditional, high-value crops, including leguminous crops. The Program is regulated by Decision No. 927-L adopted by the Government of the Republic of Armenia on June 3, 2021.

24 months (60 months in the case of asparagus)

Duration

12% or 13%*,14%**

Subsidized interest rate

Depends on the base crop

Maximum amount

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State support program for the development of greenhouse farms

The objective of the program is to contribute to increasing the area of greenhouse farms, production and export volumes in the Republic, improving the competitiveness of products, and increasing the income of agricultural operators. The program is regulated by Decision N 1284-L approved by the Government of the Republic of Armenia on July 27, 2023.

96 months

Duration

12.9 - 17.4%

Interest rate

15.0 billion AMD

Maximum amount

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Cattle breeding development program

The purpose of the Program is to provide cattle breeders in the Republic of Armenia with pedigree cattle at affordable terms, enabling them to replenish their herds with pedigree cattle possessing valuable productive and economic characteristics. The Program is regulated by Decision No. 1392-L approved by the Government of the Republic of Armenia on August 22, 2024.

up to 60 months

Duration

14%, non-subsidized interest rate: 0%, 2%, 3%

Interest rate

300.000.000 AMD

Maximum amount

Last Update՝ 16.09.2026