interest-rate-financing – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Wed, 12 Mar 2025 19:17:05 +0000 en-US hourly 1 Agricultural Financing, MoARD: 250 Million Euros in Soft Loans at an Interest Rate of 2% https://en.ata.gov.al/2025/03/12/agricultural-financing-moard-250-million-euros-in-soft-loans-at-an-interest-rate-of-2/ https://en.ata.gov.al/2025/03/12/agricultural-financing-moard-250-million-euros-in-soft-loans-at-an-interest-rate-of-2/#respond Wed, 12 Mar 2025 19:17:05 +0000 https://en.ata.gov.al/?p=258612 TIRANA, March 12 /ATA/ More funding opportunities for small and medium-sized businesses in the agricultural sector, aimed at encouraging investments and boosting economic growth.

The Ministry of Agriculture and Rural Development has begun consultations for the new program on agricultural financing, through a banking instrument with a funding line of 250 million euros, which will support investments in greenhouses, agro-processing, fishing, aquaculture, agrotourism, and technological innovation for rural development.

The Ministry of Agriculture and Rural Development (MBZHR) announced today via a social media post that Deputy Minister Dhimo Kote, Director of the Agency for Agricultural and Rural Development Ardita Kuçi, and representatives from second-tier banks visited Malësia e Madhe, where they introduced agricultural financing instruments, including Soft Loans and Sovereign Guarantees, during a meeting with the Association of Medicinal and Aromatic Plants.

The Ministry of Agriculture and Rural Development (MBZHR) emphasizes that the Soft Loan, with a financing line of 250 million euros and an interest rate of 3.5%, combined with the Sovereign Guarantee, reduces the interest rate to 2% and covers collateral up to 70%.

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