Baku, Azerbaijan, Jan. 17
By Azad Hasanli - Trend:
The State Service on Management of Agricultural Projects and Credits under the Azerbaijani Agriculture Ministry plans to introduce an automated credit system for online applications, said Deputy head of the State Service Zaur Aliyev in his article in the "Respublika" newspaper.
Aliyev said it is no secret that Azerbaijan's agricultural sector suffers from lack of lending, and also there are no credit products in the agricultural sector that meet new economic condition and requirements.
"To eliminate this problem, we began implementing an automated credit system for online requests, "Aliyev noted.
He said that the new system minimizes people's interference in the lending process and ensures full transparency on the appeals of clients.