News
01 August 2024

EIB Global providing on-lending facility for Evocabank

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Region:
Europe

EIB Global is providing Armenian bank Evocabank with a €12 million ($12.9 million) loan for on-lending to MSMEs in Armenia.The financing will be available in local currency to protect the MSMEs against exchange-related risks. The European Union (EU) is supporting the transaction with grant...

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