Signature(s)
Amount
€ 49,907,874.71
Countries
Sector(s)
Armenia
: € 49,907,874.71
Credit lines
: € 49,907,874.71
Signature date(s)
4/12/2014 : € 49,907,874.71
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Data sheet
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Summary sheet
Release date
17 June 2014
Status
Reference
Signed | 04/12/2014
20140045
Project name
Promoter - financial intermediary
ARMENIA APEX LOAN FOR SMES
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Loan to the Central Bank of Armenia, for onlending to selected commercial banks, in order to finance investments by SMEs via term loans and leasing schemes in Armenia.
Support to local economy through provision of long-term financing in particular to small and medium-size enterprises
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.
Under ELM Guarantee
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
This operation is covered by the EU Guarantee for EIB loans outside the EU.
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Summary sheet
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Data sheet
News & Stories
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