EBRD partners with Ameriabank to support green finance for Armenia's private sector
Armenia, Nov. 13 -- The European Bank for Reconstruction and Development (EBRD) has approved a loan package of up to €150 million for Ameriabank, one of Armenia's leading financial institutions. The facility, which is being provided in two tranches - an initial €100 million commitment plus a further €50 million - will enable Ameriabank to deliver financing to micro, small and medium-sized enterprises (MSMEs) with a strong focus on reaching regional clients and new borrowers.This initiative will also support Armenia's transition to a green economy, as Ameriabank is committed to allocating at least 40 per cent of the proceeds to eligible green investments increasing resource efficiency and the generation of renewable energy....
To read the full article or to get the complete feed from this publication, please
Contact Us.