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ACBA-CREDIT AGRICOLE BANK and EBRD sign $17 million loan agreement

27.08.2018 13:44

ACBA-CREDIT AGRICOLE BANK and EBRD sign $17 million loan agreement

YEREVAN, August 27. /ARKA/. The Yerevan-based ACBA-CREDIT AGRICOLE BANK and the European Bank for Reconstruction and Development (EBRD) have concluded a loan agreement to the tune of $17 million, the bank's press service reported.

It said ACBA-CREDIT AGRICOLE BANK will channel the loan into financing small and medium-sized businesses. According to a bank press release, $3 million will spent on financing enterprises established or headed by women under the Women in Business program, and another $4 million will provided for the implementation of energy-efficient projects through ACBA-Leasing, a member of the ACBA-CREDIT AGRICOLE financial group.

Under the agreement with the EBRD, ACBA-CREDIT AGRICOLE BANK will finance SMEs mainly in Armenian drams.

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EBRD recognizes ACBA-CREDIT AGRICOLE BANK as most active issuing bank in Armenia in 2017

28.06.2018 18:42

EBRD recognizes ACBA-CREDIT AGRICOLE BANK as most active issuing bank in Armenia in 2017

The European Bank for Reconstruction and Development (EBRD) named ACBA-CREDIT AGRICOLE BANK as the “Most Active Issuing Bank in Armenia in 2017” under the EBRD’s Trade Facilitation Program (TFP)

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EBRD engages in reverse repo transaction with ArmSwissbank

03.04.2018 18:37

EBRD engages in reverse repo transaction with ArmSwissbank

The European Bank for Reconstruction and Development (EBRD) has engaged in its first reverse repo transaction in Armenia with Armswissbank, one of the leading banks in the country

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ACBA-CREDIT AGRICOLE BANK holds "Women in Business" event

12.02.2018 14:31

ACBA-CREDIT AGRICOLE BANK holds

The Yerevan-based ACBA-CREDIT AGRICOLE BANK together with the European Bank for Reconstruction and Development (EBRD) held an event on the topic “Women in Business”

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EBRD is providing two loans to Armenian Araratbank

05.09.2017 12:48

EBRD is providing two loans to Armenian Araratbank

The EBRD said September 4 it is providing two local currency loans for the equivalent in Armenian dram of US$ 10 million to Araratbank, one of the leading banks in Armenia and a long-standing EBRD partner

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EBRD-managed fund to provide grant for construction of eu-compliant facility

30.06.2017 22:27

EBRD-managed fund to provide grant for construction of eu-compliant facility

Supporting Armenia’s effort to become greener, the E5P fund is co-financing the construction of a new landfill for solid waste for the Gegharkunik and Kotayk regions with a €2 million grant

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Armenia backs Russia’s position in dispute with EBRD

15.05.2017 17:23

Armenia backs Russia’s position in dispute with EBRD

Armenia, Belarus, Kyrgyzstan and Mongolia voted for Russia during a voting of shareholders of the European Bank for Reconstruction and Development (EBRD), Russian RBC reported

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EBRD and Armenian central bank to strengthen local capital market

23.03.2017 18:58

EBRD and Armenian central bank to strengthen local capital market

The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Armenia (CBA) are hosting a conference in Yerevan today to discuss strengthening the local capital market and increasing local currency lending, EBRD said today in a press release

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EBRD, European Union, and Sweden help to promote Armenian women’s participation in business

07.03.2017 18:53

EBRD, European Union, and Sweden help to promote Armenian women’s participation in business

Speaking at the official launch of Women in Business program, designed by the European Bank for Reconstruction and Development (EBRD) to support women-led small and medium-sized enterprises (SMEs) in several former Soviet republics

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Armenian banks to provide 16 million euros worth loans to women entrepreneurs as part of EBRD's women in business program

07.03.2017 18:51

Armenian banks to provide 16 million euros worth loans to women entrepreneurs as part of EBRD's women in business program

Armenian banks will provide 16 million euros worth loans to women entrepreneurs as part of EBRD’s Women in Business program

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Categories: Banks, Banks, Banks, Banks, Banks, Banks, Banks, Banks, General news, General news, General news, General news, General news, General news, General news, General news, General news, General news, News, News, News, News, News, News, News, News, News, News, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour | Comments Off on Armenian banks to provide 16 million euros worth loans to women entrepreneurs as part of EBRD's women in business program

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