Summary sheet
Release date
22 October 2024
Status
Reference
Approved | 14/01/2025
20240565
Project name
Promoter - financial intermediary
INECOBANK GUARANTEE FACILITY
INECOBANK CJSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
not disclosed
not disclosed
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists of a Partial Portfolio Guarantee to Inecobank under the EU4Business Guarantee Facility.
The aim is to finance projects carried out by micro-, small- and medium-sized enterprises in Armenia.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Milestone
Approved
14 January 2025
Link to source
Summary sheet