ARMENIA MSME RESILIENCE FACILITY (LE)

Promoter – Financial Intermediary

ACCEPTABLE BANK(S)

Location

• Armenia

Description

The long-term lending facility (LE) will improve access to finance and financial inclusion for micro, small and medium sized enterprises (MSME) as well as mid-caps, which have been identified as key factors to reinforce Armenia's economic resilience.

Objectives

The aim is to finance eligible projects carried out by the final beneficiaries in the country.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Approved - 8/05/2024