News

As a result of another successful cooperation with European Bank for Reconstruction and Development, ARMECONOMBANK OJSC has signed a EUR 5 mln. agreement equivalent to Armenian drams to implement energy-efficient programs in micro, small and medium enterprises.

The funds attracted under the agreement will be used to support SMEs to modernize their services by meeting the criteria of EU standards and promoting the use of “green” technologies. 

Borrowers will also have incentive grants and technical assistance.