ARMENIA MSME RESILIENCE FACILITY (LE) II

Promoter – Financial Intermediary

ACCEPTABLE BANK(S)

Location

• Armenia

Description

The Facility will support micro-, small- and medium-sized enterprises and mid-caps in Armenia, through credit lines to local banks. Such banks will channel the funds to local enterprises, ultimately promoting inclusive growth, sustaining employment and reinforcing long-term economic resilience.

Objectives

The operation aims to finance eligible projects carried out by the final beneficiaries in Armenia, ultimately contributing to the country’s private sector development.

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

Under appraisal - 25/03/2025