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Armenian Banks By Support Of Ifc To Improve Financial Services Dispo

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  • Armenian Banks By Support Of Ifc To Improve Financial Services Dispo

    ARMENIAN BANKS BY SUPPORT OF IFC TO IMPROVE FINANCIAL SERVICES DISPOSED FOR SMALL AND MEDIUM BUSINESSES

    14:31, 13 February, 2013

    YEREVAN, FEBRAURY 13, ARMENPRESS: The International Finance Corporation
    (IFC) a member of the World Bank Group supports ACBA-Credit Agricole
    Bank to expand the list of financial services granted to small and
    medium businesses aimed at promoting the creation of jobs in Armenia
    and the private sector development. As Armenpress reports citing IFC
    official site, IFC is scheduled to show assistance to ACBA-Credit
    Agricole Bank in developing services and financial instruments
    in compliance with the requirements of the small and medium
    enterprises. IFC will also assist banks to invest risk assessment
    tools, which will enable a chance to increase the volume of loans
    granted to small and medium enterprises.

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