EBRD providing US$ 15 million to banks in Tajikistan
Tajikistan, June 8 -- Companies owned and managed by women, households and micro, small and medium-sized enterprises (MSMEs) in Tajikistan will have new growth opportunities and better access to green technologies and climate adaptation measures thanks to fresh funds provided by the European Bank for Reconstruction and Development (EBRD).The financing package of up to US$ 15 million (€12.9 million) will be offered to the Investment and Credit Bank of Tajikistan (ICB) and Bank Arvand (Arvand).The ICB, which operates a nationwide network of 8 branches and 41 banking service centres in all regions of Tajikistan, will receive two loans totalling US$ 10 million (€ 8.6 million):A loan of up to US$ 5 million (€ 4.3 million) will ...
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