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Tag: funding

AraratBank and FMO unlock funding for underserved entrepreneurs

FMO and AraratBank today announce the signing of a USD 10mln NASIRA loan portfolio guarantee. This innovative risk sharing program will make it easier for AraratBank to provide funding to youth, migrant, women and COVID-19 affected entrepreneurs, as losses on the loan portfolio will be carried by both parties

Bank VTB (Armenia) funding construction of logistics center in Yerevan

Bank VTB (Armenia) is funding construction of a modern multifunctional logistics center “Urban Logistics Services” in Yerevan, the bank’s press office reported

EDB funded total of 80 SME projects in Armenia

The Eurasian Development Bank has funded a total of 80 small and medium-sized enterprise (SME) projects through local banks in Armenia, head of EDB Yerevan office Sergey Ignatov said

World Bank To Increase Funding For Armenia By $55 Million

Armenian prime minister Tigran Sarkisian said today the World Bank has decided to increase funding for Armenia in the amount of $55 million.