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Rate Cut for Agro Projects
Economy, Business And Markets

Rate Cut for Agro Projects

The Minister of Agriculture Mahmoud Hojati announced a cut in the interest loans given to farmers and for agricultural purposes, boursepress reported. In collaboration with the Money and Credit Council, the Central Bank of Iran and Ministry of Economy, the interest rate for investment projects in agriculture has been lowered to 18%.  As the only Iranian bank specializing in the agriculture sector, Bank Keshavarzi has a mandate to support and fund agricultural development projects in Iran.

 

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