Project Notice |
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| PNR | 64132 |
| Project Name | FIF - EaP SMECI - ACBA Leasing |
| Project Detail | Location: Armenia Project number: 55307 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 18 Jun 2024 Status: Approved English-language PSD published: 22 Aug 2024 The provision of a senior unsecured loan to ACBA Leasing in the amount of up to USD 5m for on-lending to micro, small and medium-sized enterprises ("MSMEs") in Armenia under the Eastern Partnership SME Competitiveness and Inclusion ("EaP SMECI") Programme. Project Objectives The Loan will support sustainable investments and promotion of green technologies among local MSMEs that will assist in improving competitiveness and compliance with technical and environmental standards in line with the EU directives. Up to 70% of the sub-loans are expected to be green/GET-eligible. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Forestry |
| Country | Armenia , Western Asia |
| Project Value | AMD 5,000,000 |
Contact Information |
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| Company Name | ACBA LEASING CREDIT ORGANIZATION CJSC |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/55307.html |
