Armenia’s ACBA secures EBRD loan

Credit Agricole Bank in Armenia (ACBA) has secured a three-year, $9 million local currency loan from EBRD for on-lending to micro, small and medium-sized enterprises (MSMEs) and a further $3.5 million for energy efficiency loans. ACBA aims to continue to strengthen and support MSMEs who have difficulty accessing finance especially in local currency.

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