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.

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Armenian Central Bank, KfW sign 70 million euro loan agreement

Tags: KFW, LOAN AGREEMENT

Read more

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

Tags: Araratbank, FMO, LOAN AGREEMENT

Read more

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

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on AraratBank signs a € 3 million Loan Agreement with Incofin IM

Tags: Araratbank, Incofin IM, LOAN AGREEMENT

Read more

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

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on ACBA-CREDIT AGRICOLE BANK and Proparco sign $20 million loan agreement

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

Read more

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: 121, 144, 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

Read more

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

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on ACBA-CREDIT AGRICOLE BANK and EBRD sign $17 million loan agreement

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

Read more

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

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Armeconombank signs $10 million loan agreement with German DEG

Tags: ARMECONOMBANK, DEG, LOAN AGREEMENT

Read more

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

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Armeconombank concludes second loan agreement with Belgian Incofin CVBA to the tune of $10 million

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

Read more

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, 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

Read more

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

Read more