EIB Group and Ameriabank strengthen support for Armenian businesses through EU-backed guarantee
Armenia, May 8 -- The European Investment Bank (EIB) and the European Investment Fund (EIF) - jointly the EIB Group - are joining forces with Ameriabank to expand access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia.The operation consists of a partial portfolio guarantee, enabling Ameriabank to build a portfolio of new loans of up to €106.25 million, supporting business growth and economic resilience.This new initiative builds on the existing partnership between the EIB and Ameriabank and represents the second direct operation between the institutions.It aims to improve access to finance for Armenian MSMEs, particularly those that face challenges in obtaining affordable funding.The operation is expected ...
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