22Oct
Ameriabank signed a 20 million USD loan agreement with the European Bank for Reconstruction and Development
Ameriabank and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement of USD 20 million, of which USD 12.5 million is within the framework of the Green Economy Financing (GEFF) program. Ameriabank is the first partner of the European Bank for Reconstruction and Development in Armenia, which received a loan within the framework of this program.
The loan will be directed to the introduction and use of renewable energy and environmentally friendly technologies by small and medium-sized enterprises.
It should be noted that the "Green Economy" financing mechanism helps enterprises to introduce climate change adaptation and mitigation technologies, which contribute to increasing productivity and reducing costs.