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Unibank and Dutch FMO to channel $10 million into supporting women entrepreneurship in Armenia

07.03.2019 18:55

Unibank and Dutch FMO to channel $10 million into supporting women entrepreneurship in Armenia

YEREVAN, March 7. /ARKA/. Unibank said today it has completed the placement of the first issue of credit funds in the amount of $5 million as part of a program designed to support women’s entrepreneurship in Armenia.

According to a Unibank press release, over 500 business women have received loans for the development and expansion of their businesses. The program called "Women in Business" is being implemented by Unibank together with the Netherlands Development Bank FMO.

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Araratbank attracts $20 million from Dutch FMO

27.04.2018 20:49

Araratbank attracts $20 million from Dutch FMO

The Yerevan-based Araratbank said today it will receive a $20 million loan from the Dutch Development Bank (FMO), which it will channel into retail lending, including women entrepreneurs, as well as will finance projects of young businessmen below the age of 35

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