{"id":115797,"date":"2018-08-27T09:44:37","date_gmt":"2018-08-27T09:44:37","guid":{"rendered":"https:\/\/armbanks.am\/2018\/08\/27\/247785\/"},"modified":"2024-12-15T13:34:50","modified_gmt":"2024-12-15T13:34:50","slug":"acba-credit-agricole-bank-and-ebrd-sign-17-million-loan-agreement","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/08\/27\/115797\/","title":{"rendered":"ACBA-CREDIT AGRICOLE BANK and EBRD sign $17 million loan agreement"},"content":{"rendered":"<p><strong>YEREVAN, August 27. \/ARKA\/.<\/strong> The Yerevan-based ACBA-CREDIT AGRICOLE BANK and the European Bank for Reconstruction and Development (EBRD) have concluded a loan agreement to the tune of $17 million, the bank&#8217;s press service reported.<\/p>\n<p>It said ACBA-CREDIT AGRICOLE BANK will channel the loan into financing small and medium-sized businesses. According to a bank press release, $3 million will spent on financing enterprises established or headed by women under the Women in Business program, and another $4 million will provided for the implementation of energy-efficient projects through ACBA-Leasing, a member of the ACBA-CREDIT AGRICOLE financial group.<\/p>\n<p>Under the agreement with the EBRD, ACBA-CREDIT AGRICOLE BANK will finance SMEs mainly in Armenian drams.<\/p>\n<p>ACBA was established in 1996 as part of EU\u2019s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Yerevan-based ACBA-CREDIT AGRICOLE BANK and the European Bank for Reconstruction and Development (EBRD) have concluded a loan agreement to the tune of $17 million, the bank&#8217;s press service reported<\/p>\n","protected":false},"author":1,"featured_media":187577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15909,12174,13068],"class_list":{"0":"post-115797","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-acba-credit-agricole-bank-2","10":"tag-ebrd","11":"tag-loan-agreement"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/115797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=115797"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/115797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/187577"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=115797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=115797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=115797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}