(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ameriabank, and medium-sized enterprises, Armenian private sector, Business Development, competitiveness, Eastern Partnership, Economic and Investment Plan, economic resilience, EIB Global, EU Support, European Union, export opportunities, green financing, green investments, Hovhannes Toroyan, job creation, local currency, micro, MSMEs, partnership, small, South Caucasus, sustainability, Teresa Czerwinska, Vassilis Maragos, €105 million loan
The Hague, 24-Jan-2017 — /EuropaWire/ — Dutch development bank FMO invests USD 15 million in the SANAD Fund for MSME to support small businesses in the Middle East and North Africa (MENA). The investment has been made through the MASSIF fund, … Read the full press release
Posted in Banks, Financial, Investment, Netherlands, Small Business
Tagged Dutch development bank, FMO, Jeroen Harteveld, MENA, micro, MSME, SANAD Fund, small and medium enterprises, Wolfgang Reuss
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