Perspective
22 October 2013
Armenia’s ACBA secures EBRD loan
Region:
Europe
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.
