Inecobank attracted $ 12mln from credit funds from responsAbility Investments AG.

The bank reports that the funds will be directed to the financing of micro business, contributing to economic development and creation of new jobs.

Thus, the total balance of contracts signed between Inecobank and responsAbility Investments AG was about $ 30 million, which indicates the effectiveness and long-term cooperation between the organizations.

"We are pleased to once again reinforce long-term and sustainable relationships between our structures aimed at creating more attractive offers for our customers," said Inecobank Executive Director Garnik Tadevosyan.

The bank noted that the responsAbility Investments AG is one of the world's leading asset management companies offering flexible and professional investment solutions both for individual investors and organizations. The investment tools of the organization provide financing for emerging economies in developing countries in the form of loans and equity, thanks to which companies can meet the basic needs of the broader population layers and promote economic development, leading to the prosperity of the countries in the long run.

The material is copyrighted and protected by law