
Eurasian Development Bank and Ameriabank have signed a $ 30 million credit line for a 4-year term. It will enable Armenia to promote the development of small and medium enterprises.
Implementation of the project will contribute to the expansion of banking activities, including business lending, as well as will develop the real sector of the economy. Small and medium enterprises are of strategic importance for the Republic of Armenia. They provide stability in the economy. This funding will help SMEs solve the problem of long-term financing required for capital investment.
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