Release date: 22 October 2024
Promoter – Financial Intermediary
INECOBANK CJSCLocation
Description
The operation consists of a Partial Portfolio Guarantee to Inecobank under the EU4Business Guarantee Facility.
Objectives
The aim is to finance projects carried out by micro-, small- and medium-sized enterprises in Armenia.
Sector(s)
- Credit lines - Credit lines
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
Approved - 14/01/2025
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).