Zero interest loans for farmers from Acba Leasing

YEREVAN, June 6. /ARKA/. Thanks to the cooperation between Acba Leasing and Zeppelin Armenia, farmers and businessmen will now have the opportunity to purchase new agricultural machinery and equipment through Acba Leasing without interest.

“We have signed a memorandum with the Zeppelin Armenia company and, within the framework of the state program, we will provide agricultural machinery and equipment without interest. Acba Leasing is represented throughout Armenia so that individual farmers and farming companies can apply and receive loans without visiting Yerevan,” General Director of Acba Leasing Agasi Gasparyan noted.

“Providing the latest technology is of great importance to Armenian farmers as they largely use old equipment and machinery that is ineffective in the current environment. It is time to replace all this with efficient, energy-saving and cost-effective equipment, which is one of the most important goals of this project,” Arman Ghazaryan, head of the used and rental equipment and retail sales department of Zeppelin Armenia said.

Acba Leasing, the absolute market leader, provides about 60% of agricultural machinery in Armenia within the framework of the state support program.

Zeppelin Armenia has been supplying consumers with agricultural machinery and technical solutions for 20 years thanks to cooperation with Acba Leasing.

Acba Bank owns 100% shares of Acba Leasing.

Acba Leasing is controlled by the Central Bank of Armenia.