Adgur Ardzinba: the safe implementation of business lending program will be followed by an increase in its volume

The Ministry of Economy discussed implementation of programs of crediting medium and large businesses.

Sukhum. November 30. Apsnypress. The Ministry of Economy of Abkhazia at a meeting with representatives of the banking system of the Republic discussed implementation of the program of crediting medium and large businesses, in cooperation with the Ministry and the Moscow Investment Agency. The official website of the Ministry of Economy of the Republic of Abkhazia reported.
 
 At the meeting, the Minister of Economy Adgur Ardzinba informed the representatives of the banking community about the conditions and the most pressing areas of the program. "We want to get our banking community to implement the program, including by giving them the status of authorized banks from the Abkhaz side", - he said.
 
 Adgur Ardzinba stressed that the conditions of connection to the program do not have individual character, and the meeting invited all interested members of the banking sector. According to him, it is important to ensure maximum transparency in the implementation of this program, and the state in this relies on support of bankers of the republic. "This is to ensure that all participants in the program have fulfilled their financial obligations to the Russian creditors. The safe implementation of this program will be followed by an increase in its volume. Today, many of our businesses are in need of credit resources, which are extremely limited in the country ", - said Ardzinba.
 
 Minister of Economy said that the projects will be implemented in strict compliance with the signed agreements and initiate regulations. "Today, the program has already implemented projects worth over 900 million rubles. It is very important to ensure maximum control of the movement of these funds, so their expenditure has the target nature", - he said.
 
Adgur Ardzinba also stressed the need to provide appropriate services set by the banks for Abkhaz entrepreneurs. Such services as risk assessment, support of development of investment projects and in other ways.