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Tag: EFSE

EFSE provides Araratbank with multi-currency senior loan equivalent to USD 10 million

Banks admin -
The European Fund for Southeast Europe (EFSE) said it has once again teamed up with long-time partner ARARATBANK to drive local business growth in Armenia

EFSE and Araratbank advance development finance to local businesses in Armenia

Banks admin -
YEREVAN, April 4. /ARKA/. The European Fund for Southeast Europe (EFSE) said it has loaned USD 15 million to...

EFSE and ACBA-CREDIT AGRICOLE BANK to expand access to finance for Armenian entrepreneurs

Banks admin -
YEREVAN, April 3. /ARKA/. Today the European Fund for Southeast Europe (EFSE) provided a local currency loan equivalent to...

EFSE to provide $10 million loan to ACBA-CREDIT AGRICOLE BANK

Banks admin -
ACBA-CREDIT AGRICOLE BANK and the European Fund for Southeast Europe (EFSE) have signed a loan agreement in Armenia's national currency for the equivalent of $10 million, the bank's press service reported

EFSE provides $27 million loans to two armenian banks

Banks admin -
The European Fund for Southeast Europe (EFSE) expanded its partnership with Araratbank OJSC by issuing an additional USD 12 million senior loan to fund sub-loans destined for micro and small enterprises (MSEs) in Armenia

EFSE extends 5 mln euros in loan to Armenia’s Inecobank for small businesses

Banks admin -
The European Fund for Southeast Europe (EFSE) signed a loan agreement with Armenia’s Inecobank for 5 million euros to strengthen the financial grounds of the banks for supporting micro and small-sized businesses, the bank’s press office reported

Structure Of CBA Trough The Fund EFSE To Allocate 2 Million Euro For Crediting Small And Medium-Sized Businesses

Economy admin -
European fund of South-Europe (EFSE) and affiliate structure of Central Bank of Armenia “Support to crediting of small and medium-sized businesses (SMBs)” (company) signed yesterday a credit agreement

EFSE and Araratbank sign second $10 million loan agreement

Banks admin -
EFSE has signed today a second loan agreement with Armenian Araratbank to provide it with a $10 million credit.

EFSE provides USD 10 million loan to Armenia’s converse bank for small business lending

Banks admin -
The European Fund for Southeast Europe (EFSE) signed a loan agreement of USD 10 million with Armenia’s Converse Bank for on-lending to small business in Armenia June 9 during its annual meeting in Ohrid, FYR Macedonia.

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Euro up 3.8 drams, US dollar down 0.1 points

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The average market exchange rate of the US dollar to the Armenian dram as of January 22, 2024, was 398.74 drams, down 0.1 points compared to January 21.

Armenia to get $40 million loan from  IBRD for substation reconstruction

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The National Assembly of Armenia has ratified today a $40 million loan agreement between the government and the International Bank for Reconstruction and Development (IBRD, a World Bank division).

US dollar, euro and ruble rise in Armenia for the second day in a row

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The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

Pashinyan holds meeting on regulation of crypto-assets

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Armenian Prime Minister Nikol Pashinyan chaired a meeting to discuss a draft law designed to regulate the field of crypto-assets.

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