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FIF - SME Loan - Ardshinbank
Details
Location:Armenia
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit
Languages:English
Contracting authority: Ardshinbank (former Ardshininvestbank)
Description
FIF - SME Loan - Ardshinbank Location: Armenia Project number: 53436 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 01 Sep 2023 Status: Approved PSD disclosed: 11 Sep 2023 Project DescriptionA senior
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tender Background
About the Funding Agency
EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.
EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.