YEREVAN, February 11. /ARKA/. The IFC is planning to expand its consulting services in Armenia to improve investment climate while focusing on agro-industry, financial sector and renewed energy.

The IFC will also make efforts to increase its portfolio in non-financial sector while making investments in competitive segments like mining and agribusiness, IFC regional manager for the South Caucasus Thomas Liubeck told ARKA.

The Corporation makes investments and offers consulting in sectors, which are drivers of economic growth and new jobs, Lubeck said.

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Tags: Armenia, IFC and BSTDB, service

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IFC, a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) will each provide a loan of $5 million to help Armenian Unibank address the long-term financing needs of its SME clients

Categories: Banks @en, Economy @en, General news, News, News of the hour | Comments Off on IFC and BSTDB help Unibank expand lending to small and medium enterprises in Armenia

Tags: Armenia, IFC and BSTDB, Unibank

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