Yerevan/Mediamax/. The second round of the agriculture crediting through state-subsidized rates will start from August 16.

The loan funds (AMD 7.5mln in total) have been allocated out of the Russian stabilization loan under the Armenian government’s relevant decision made on July 28, Mediamax was informed in the Union of Banks of Armenia (UBA).

6 commercial banks (ACBA-CREDIT AGRICOLE BANK, Ardshininvestbank, Armbusinessbank, Inecobank, Converse Bank and ProCredit Bank) will participate in the program.