{"id":272901,"date":"2026-05-12T16:21:30","date_gmt":"2026-05-12T12:21:30","guid":{"rendered":"https:\/\/armbanks.am\/?p=272901"},"modified":"2026-05-12T16:21:33","modified_gmt":"2026-05-12T12:21:33","slug":"central-bank-of-armenia-is-discussing-the-creation-of-a-guarantee-fund-for-small-business-lending-with-the-ministry-of-economy-and-the-world-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/05\/12\/272901\/","title":{"rendered":"Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World Bank"},"content":{"rendered":"\n<p><strong>YEREVAN, May 12. \/ARKA\/.<\/strong> The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund. Central Bank Chairman Martin Galstyan told reporters on the sidelines of the conference &#8220;SMEs: Impact and Development Challenges.&#8221;<\/p>\n\n\n\n<p>According to him, one of the key problems small and micro businesses face when applying for bank financing is a lack of collateral.<\/p>\n\n\n\n<p>&#8220;Many start businesses without investing their own funds, and that&#8217;s why banks require collateral. For many companies, this becomes an insurmountable obstacle,&#8221; Galstyan said.<\/p>\n\n\n\n<p>The Central Bank Governor noted that the partial guarantee mechanism under discussion could alleviate this problem.<\/p>\n\n\n\n<p>&#8220;If a company doesn&#8217;t have collateral but wants to use a loan, it can become a member of this fund for a fee,&#8221; he explained.<\/p>\n\n\n\n<p>Galstyan emphasized that the project is still only in the discussion phase.<\/p>\n\n\n\n<p>&#8220;It&#8217;s too early to talk about launching it, as there are many nuances that need to be considered for the program to be effective. There&#8217;s no agreement in principle on any of these issues yet,&#8221; the Central Bank governor noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund. <\/p>\n","protected":false},"author":5,"featured_media":270824,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[16278,15286],"class_list":{"0":"post-272901","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-bank","10":"tag-economy"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/272901","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=272901"}],"version-history":[{"count":1,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/272901\/revisions"}],"predecessor-version":[{"id":272902,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/272901\/revisions\/272902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/270824"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=272901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=272901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=272901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}