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Tag: Finca

Armenia’s FINCA Credit Organization to receive $6-million loan and $200,000 in technical assistance grants from ADB

Loans
The Asian Development Bank (ADB) is providing $6 million in loans and $200,000 in technical assistance grants to FINCA, one of the leading credit organizations in the country

“FINCA” UCO CJSC’s AMD denominated coupon bonds listed on NASDAQ OMX Armenia

Capital market
Starting from May 12, 2017 nominal coupon bonds issued by “Finca” Universal Credit Organization CJSC (UCO CJSC) will be listed on NASDAQ OMX Armenia and included in the bonds' second Bbond list, the stock exchange reported on Thursday

FINCA Universal Credit Organization’s $4 million worth bonds admitted to trading at NASDAQ OMX Armenia

Capital market
FINCA Universal Credit Organization’s bonds (FNCAB1) were admitted Wednesday to trading at NASDAQ OMX Armenia, according to the stock exchange’s news release

IFC helps FINCA expand lending to smaller businesses in Armenia, supporting growth and job creation

Loans
IFC, a member of the World Bank Group, is providing a $3 million loan to FINCA UCO, a leading microfinance institution in Armenia, to increase access to finance for micro and small businesses

Finca increases its authorized capital to 4.9 billion drams

Loans
Finca universal credit organization said it has increased its authorized capital by 414.2 million drams to 4.9 billion drams

IFC to provide FINCA with $4 million loan to finance micro, small and medium enterprises

Loans
IFC, a member of the World Bank Group, said it will provide armenian FINCA UCO CJSC with a loan of $4 million in local currency, to help it finance micro, small and medium enterprises (MSMEs) so they can expand, create jobs, and reduce poverty

Yervand Barseghyan: clients FINCA universal credit organization’s greatest wealth

Interviews
FINCA Universal Credit Organization is the biggest creditor among Armenian microfinance organizations.

New Office Of The Branch Of Armenian Credit Organization “Finca” Will Open On November 12 In Ashtarak

Loans
Opening ceremony of the new office of Universal Credit Organization (UCO) “Finca” will take place on November 12 in Ashtarak.

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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