YEREVAN, December 20. /ARKA/. The Central Bank of Armenia and the German KfW Development Bank signed a loan agreement on Monday for the 3rd stage of the SME lending program, which will go along with a technical assistance.

The press service of the Central Bank said that the document was signed as part of the agreement on financial cooperation between the governments of Armenia and Germany in 2020.

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Tags: KFW, LOAN AGREEMENT

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AraratBank and FMO, the Dutch entrepreneurial development bank — highlighting the financial inclusion — signed a loan agreement for a total amount of USD 25 million

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on USD 25 million Loan Agreement to reduce inequalities

Tags: Araratbank, FMO, LOAN AGREEMENT

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AraratBank has raised EUR 3 million from two funds advised by impact investor Incofin Investment Management: EUR 1, 5 million from Volksvermogen NV and EUR 1, 5 million from Incofin CVSO providing micro entrepreneurs an access to small loans

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Tags: Araratbank, Incofin IM, LOAN AGREEMENT

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The ACBA-CREDIT AGRICOLE BANK and Proparco, a subsidiary of the French Development Agency, focused on private sector development, signed a loan agreement to the tune of $20 million that will be channeled into the development of small and medium-sized enterprises in Armenia’s agricultural sector, the Bank said today in a press release

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Tags: ACBA-Credit Agricole bank, LOAN AGREEMENT, Proparco

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An emergency session of the Armenian parliament discussed today ratification of an agreement with the IMF regarding the use of the $280 million loan, allocated to Armenia in May 2019, and attraction of an additional loan in the amount of $35 million. The money is to help Armenia fight the coronavirus outbreak and mitigate its economic consequences

Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenian parliament is considering ratification of $315 million loan agreement with IMF

Tags: Armenia, IMF, LOAN AGREEMENT, PARLIAMENT

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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

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Tags: ACBA-Credit Agricole bank, EBRD, LOAN AGREEMENT

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Yerevan-based Armeconombank has signed a loan agreement with Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG) to the tune of $10 million, a statement on the bank’s website says

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Tags: ARMECONOMBANK, DEG, LOAN AGREEMENT

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Armenian Armeconombank said it has concluded a second loan agreement with the Belgian investment company INCOFIN CVBA to the tune of $10 million

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Tags: ARMECONOMBANK, Armenia, Belgian Incofin CVBA, LOAN AGREEMENT

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

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign USD 15 million loan agreement to boost Armenia’s SME and agriculture

Tags: ACBA-Credit Agricole bank, agriculture, Armenia, Dutch Development Bank, LOAN AGREEMENT, SME

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An agreement, under which the Eurasian Fund for Stabilization and Development extends an investment loan to Armenia for building a section of North-South motorway, came into force last week, the press office of the Eurasian Development Bank reported on Tuesday

Categories: Economy @en, General news, News, News of the hour | Comments Off on Loan agreement between Eurasian Development Bank and Armenia for North-South motorway construction takes force

Tags: Armenia, EDB, LOAN AGREEMENT, North-South

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