Taleh Kazimov: Azerbaijan will soften requirements for agricultural loans

The Central Bank of Azerbaijan (CBA) is preparing new rules for agricultural loans, CBA Chairman Taleh Kazimov said at the meeting of the Economic Policy, Industries and Enterprising Committee of the Milli Majlis held today, Report informs.

"We hope this will be a great contribution purely from a financing point of view for agricultural producers. At the same time, we are considering taking a somewhat lenient approach due to the risks associated with collateral requirements," Kazimov said.