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Araratbank attracts $10-million loan from Dutch Development Bank FMO

17.02.2020 13:55

Araratbank attracts $10-million loan from Dutch Development Bank FMO

YEREVAN, February 17. /ARKA/. FMO, the Dutch Development Bank, has provided USD 10 million to Araratbank, the press office of the Armenian bank reports. According to the bank's press release, the financial means will be lent for implementation of SME development programs as well as energy-saving and so called green business programs.

Under a cooperation program, loans of up to $10,000 each will be extended to micro businesses and no-larger-than-$1 million will be provided to small and mid-scale businesses for 5 years.

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Inecobank to get US$25 million from Dutch Development Bank

18.10.2017 16:22

Inecobank to get US$25 million from Dutch Development Bank

Inecobank and FMO, the Dutch Development Bank, signed October 6, a new Term Facility Agreement for the financing of small and medium enterprises (SMEs)

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Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign USD 15 million loan agreement to boost Armenia’s SME and agriculture

18.10.2016 17:16

Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign  USD 15 million loan agreement to boost Armenia’s SME and agriculture

The Dutch Development Bank (FMO) and Armenia-based ACBA-CREDIT AGRICOLE BANK have signed a loan agreement to the tune of USD 15 million

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