Farm Credit Armenia UCO CC has signed a $2 million and €1 million loan agreement with the Belgian company Incofin

2026-06-19

The new financial resources will be directed toward supporting the development of agriculture and rural communities through loan and leasing programs. Particular emphasis will be placed on financing the acquisition of modern agricultural machinery and equipment, as well as projects aimed at agricultural processing and agribusiness development. The funding will also promote the adoption of green and sustainable agricultural practices, strengthen the competitiveness of farming enterprises, and contribute to sustainable economic growth across Armenia’s regions.

Incofin is an international investment company specializing in financing projects with social and environmental impact (ESG). The organization supports financial institutions in fostering the development of rural communities, expanding access to finance for small and medium-sized enterprises, and advancing sustainable development goals.

Farm Credit Armenia consistently strives to improve its services and expand financing opportunities in rural communities. Staying true to its mission, Farm Credit supports the development of agriculture in Armenia and ensures the availability of affordable financial services. This new collaboration is a testament to the organization's reliability and effective cooperation with international partners.

Farm Credit has 11 offices, with its headoffice located in Yerevan and 10 branches in the regions. The mission of Farm Credit is to improve the quality of life in rural Armenia by providing affordable financial services based on cooperative principles, including loans and leasing. 

Farm Credit currently has more than 3 billion AMD in equity and total assets of 20.8 billion AMD.

 

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