Interest subsidy on loans to buy farm raw materials (grapes, fruit, milk) for processors

Do I qualify?

Companies and sole proprietors that buy farm raw materials: processors, cold-storage exporters and slaughterhouses. You need purchase contracts with farmers (for grapes signed by 1 August, for fruit by 1 October of that year).

What you get

The state pays 9 points of the interest, 12 points for businesses in border villages. Grapes: up to AMD 4 billion a year, 3-year term, 12 months' grace. Fruit and vegetables: up to AMD 3 billion; milk: up to AMD 1 billion, 1.5-year term. From 15 September to 30 December 2026 the state can guarantee up to 50% of grape-purchase loans.

Deadline

• Runs every year in the buying season. Grape contracts by 1 August, fruit contracts by 1 October.

How to apply

1. 1Sign purchase contracts with farmers.
2. 2Apply to a partner bank with the contracts and Form No. 1.
3. 3The bank pays the farmer directly within 10 days.

Help me apply

Use the checklist above, call the contact, or ask a partner bank to call you back.

Apply through these banks and organizations

• ACBA Bank (Acba bank OJSC)+374 10 31 88 88
• Ameriabank+374 10 56 11 11
• Ardshinbank
• Armeconombank (AEB)+374 10 56 33 32
• CARD AgroCredit UCO+374 60 44 05 52
• Converse Bank
• Development and Investment Corporation of Armenia (DICA)
• Farm Credit Armenia (UCO commercial cooperative)+374 10 55 08 31
• Fast Bank+374 10 510 000
  • Simple Agro loanRate 19% · APR 20.75–20.81%
• Inecobank

Rates as published by the institution, before any state subsidy. The APR (annual percentage rate) includes fees. Check the current terms with the institution.

Contact

• Ministry of Economy hotline: 81-40. Agricultural advisory department: +374 11 597 254, +374 11 523 411.
• https://mineconomy.am/

Official sources

Information checked on 7 October 2026. Reliability of this information: Medium — from official news, details may change