Armeconombank II
Sector: Residential • Location: Armenia
Source: International Finance Corporation (IFC)
The project comprises a senior loan of up to $2 million to Armeconombank with a maturity of 8 years. The loans would be split into two $1 million loans to be used for on-lending to the Armenian small and medium enterprises (SME) and for financing of residential mortgage loans to Armenian individuals. Armeconombank is one of the largest private banks in Armenia with 41 branches across the country a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project comprises a senior loan of up to $2 million to Armeconombank with a maturity of 8 years. The loans would be split into two $1 million loans to be used for on-lending to the Armenian small and medium enterprises (SME) and for financing of residential mortgage loans to Armenian individuals. Armeconombank is one of the largest private banks in Armenia with 41 branches across the country and 600 employees. Today, the Bank focuses primarily on serving local corporates, mainly SMEs, and has a growing retail banking program. The Bank is also active in providing correspondent banking services to other local financial institutions. Armeconombank has been IFC’s client since 2004. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |