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Ameriabank
Details
Location:Armenia
Category:Unspecified/other
Status:Completion and evaluation
Sectors:Private Sector & Trade, Financial Services & Audit
Contracting authority:
Description
Ameriabank
14209 // Armenia
| Borrower | Ameriabank |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Trade |
| Focus Area | Financial |
| Approved | 12.06.2019 |
| Signed | 28.06.2019 |
| Status | Completed |
| Loan Administrator | OFID |
| OPEC Fund Contribution (US$m) | 25.00 |
This loan from the OPEC Fund's trade finance operations will support the expansion of Ameriabank’s international trade portfolio.
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tender Background
About the Funding Agency
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
About the Sectors
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Locations
Armenia
Armenia has prioritised transport corridor upgrades, renewable energy expansion and digital infrastructure to enhance regional integration and competitiveness. Investments aim to strengthen Armenia’s role as a transit and services economy between Europe and Asia. The government has implemented regulatory reforms and sought foreign direct investment to modernise logistics and energy systems. Continued institutional strengthening and diversification beyond remittances and mining remain central to long-term resilience.
Nr. of tenders: 10573
Nr. of grants: 2879
Nr. of donors: 520
Nr. of jobs: 41
Nr. of tenders: 10573
Nr. of grants: 2879
Nr. of donors: 520
Nr. of jobs: 41
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