The upper limit of interest-free business and investment loans for traditional herbal production was increased to ₺200 thousand liras.
The President’s Decision “On Amending the Decision on the Granting of Low-Interest Investment and Operational Credits for Agricultural Production by Ziraat Bankasi Inc. and Agricultural Credit Cooperatives” entered into force after being published in the Official Gazette.
Accordingly, 100% interest discount will be applied on investment and business loans up to ₺200 thousand for traditional (widespread) herbal production.
Prior to the change, interest-free loans were available for loans up to ₺100 thousand.
Source: Trthaber / Translated by Irem Yildiz