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Anelik Bank: Loan Opportunities Develop In Armenia

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  • Anelik Bank: Loan Opportunities Develop In Armenia

    ANELIK BANK: LOAN OPPORTUNITIES DEVELOP IN ARMENIA

    PanARMENIAN.Net
    May 3, 2011 - 13:47 AMT

    Anelik Bank is the first Armenian bank, with which the European Bank
    for Reconstruction and Development (EBRD) has launched the Armenian
    Sustainable Energy Financing Facility (ArmSEFF) to help Armenia
    develop competitive private businesses.

    $3mln was allocated to the bank for on-lending the energy saving
    field. $20mln will be allocated within ArmSEFF, while $5mln will be
    provided for the renewable energy sector.

    "The funds have not been placed yet, but we have already developed
    credit programs," Anelik Bank Lending Department head Hayk Grigoryan
    told a PanARMENIAN.Net reporter.

    On May 3, Yerevan hosted a seminar on ArmSEFF.




    From: A. Papazian
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