About us

Agrarian Credit and Development Agency under the Ministry of Agriculture was established in accordance with the Order of the President of the Republic of Azerbaijan, dated October 23, 2004 No 467 "On Measures to Improve Management in the Agrarian Division". It is the executive body that ensures the involvement and use of loans for state support of individuals and legal entities engaged in entrepreneurial activity in the agrarian sector.

The State Service on Management of Agricultural Projects and Credits was established on the basis of the State Agency for Agricultural Credits under the Ministry of Agriculture by the Order of the President of the Republic of Azerbaijan, dated October 3, 2014, No 761 “On Amendments to the Order of the President of the Republic of Azerbaijan, dated July 14, 2010, No 1015 “On Ensuring the Activities of the Ministry of the Agriculture of the Republic of Azerbaijan and “On Approval of the Structures of Several Central Executive Bodies”.

The Regulation of the State Service was approved by the Order of the President of the Republic of Azerbaijan, dated July 23, 2015, No. 571.

Agrarian Credit and Development Agency was established on the basis of the State Service on Management of Agricultural Projects and Credits under the Ministry of Agriculture by the Order of the President of the Republic of Azerbaijan (https://president.az/articles/31153)  “On Amendments to the Order of the President of the Republic of Azerbaijan, dated July 23, 2015, No. 571 “On Approval of Regulations of Several Subordinate Bodies of the Ministry of Agriculture of the Republic of Azerbaijan” and the Order of the President of the Republic of Azerbaijan, dated December 19, 2018 “On Improvement of State Support to Agriculture and Leasing Activities in Agrarian Sector". Regulations containing latest amendments can be found on the following link http://www.e-qanun.az/framework/30386

Agrarian Credit and Development Agency is governed by its own Regulations and legal acts of the Ministry of Agriculture of the Republic of Azerbaijan. Agency is engaged in:

  • Issuance of soft agricultural loans, issuance of discounts for equipment and breeding animals 
  • İssuance of preferential loans, provision of security
  • Delivery of subsidies
  • Project management
  • Involvement of investment in agriculture

 

Management

Chairman Seymur Movlayev

Deputy Chairman Mehman Ismayilov

Deputy Chairman Farid Rahimli

Deputy Chairman Leyla Mammadova