10 million US dollars will be allocated to the financing of “green” economies and SMEs

by times news cr

2024-08-25 04:04:39

Akba Bank and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement in the amount of 10 million US dollars. Akba Bank will direct the financial resources provided by EBRD to the financing of green economies and micro, small and medium enterprises in Armenia. The involved financial resources will be provided both in Armenian drams and in US dollars.

Akba Bank and the European Bank for Reconstruction and Development have a rich history of partnership. Thanks to our regular cooperation, we will have the opportunity to promote and contribute to the development of “green” economies, as well as micro, small and medium-sized enterprises in Armenia,” said Hakob Andreasyan, Chief Executive Officer of Akba Bank.

Akba Bank is one of the leaders of the Armenian banking system and is represented in all regions of Armenia. The bank has 62 branches and around 1500 employees. Akba Bank is one of the largest employers in the banking system of Armenia.

You may also like

Leave a Comment