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    Reference: 20240203
    Release date: 10 October 2024

    Promoter – Financial Intermediary

    ARMSWISSBANK CJSC

    Location

    Description

    The operation consists in a partial portfolio guarantee to Armswissbank in Armenia under the EU4Business Guarantee Facility.

    Objectives

    The aim is to enable Armswissbank to improve lending terms and conditions and thus provide wider access to finance for micro, small- and mediums-sized enterprises in the country.

    Comments

    Please proceed to generate the accompanying letter to the client for his signature authorising the Web publication.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    not disclosed

    Total cost (Approximate amount)

    not disclosed

    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

    Under appraisal

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Armenia Credit lines