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Converse Bank MSME Loan
Details
Location:Armenia
Category:Consulting services
Status:Formulation
Sectors:Private Sector & Trade, Financial Services & Audit
Contracting authority: Converse Bank
Description
Location:Armenia
Project number:50165
Business sector:Financial institutions
Notice type:Private
Environmental category:FI
Approval date:21 Jan 2020
Status:In Exploratory, Pending Final Review
PSD disclosed:20 Jan 2020
As per section 1.4.2
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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.
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: 10472
Nr. of grants: 2808
Nr. of donors: 516
Nr. of jobs: 14
Nr. of tenders: 10472
Nr. of grants: 2808
Nr. of donors: 516
Nr. of jobs: 14
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