News

Armeconombank, continuing its cooperation with the Swiss company Symbiotics Asset Management SA and the funds managed by the latter, signed a loan agreement in the amount of AMD equivalent to USD 9,750,000.

The bank will direct the attracted funds to lending and development of micro, small and medium enterprises in Armenia.

The cooperation between the bank and Symbiotics Asset Management SA started back in 2016 and so far more than 10 loan agreements equivalent to about USD 70 mn have been signed between the parties.