Ameriabank has signed a $200 million long-term loan agreement with the International Finance Corporation (IFC) to support climate finance initiatives, micro, small, and medium enterprises (MSMEs), and women-owned MSMEs in Armenia. The agreement, the largest ever signed between IFC and a financial institution in Armenia, represents a significant milestone in advancing Armenia’s green transition, enhancing climate resilience, and aligning with both national and global climate goals. Half of the funding will be allocated to climate finance projects, a quarter to MSMEs, and another quarter to women-led MSMEs.

Artak Hanesyan, CEO of Ameriabank, commented: “This long-term loan agreement stands out as the largest of its kind ever signed between IFC and a financial institution in Armenia. Beyond its scale, the agreement is significant for its purpose: supporting business initiatives and services that address climate change challenges, empowering women entrepreneurs, and contributing to a sustainable future for Armenia. We deeply appreciate IFC’s decade-long partnership and our shared commitment to creating opportunities for businesses and people in Armenia.”
Marcelo Castellanos, IFC’s Senior Regional Manager for the Financial Institutions Group in Europe, commented: “This partnership is part of IFC’s strategy to boost private investment in sustainable development. Ameriabank, a leader in climate financing, is a strategic partner in advancing these goals. By providing long-term funding, we aim to demonstrate the viability of climate finance products and inspire replication and scale across Armenia’s financial sector.”

This partnership and transaction reflects Ameriabank's commitment to promoting sustainable development and driving transformative change, reinforced by its leading position as the financial institution with the largest loan portfolio in Armenia and its impressive green finance achievements. 
Over the coming years, the investment is expected to generate thousands of jobs and significantly reduce annual greenhouse gas emissions by nearly 40,000 tons of CO2 equivalent.