📋 Tender Overview
Reference: 20230901
Release date: 12 June 2024
Promoter – Financial Intermediary
ACBA BANK OJSC,ACBA LEASING CREDIT ORGANIZATION CJSC
Location
Armenia
Description
The project will contribute to finance projects implemented by micro, small and medium-sized enterprises (SMEs) and Midcaps in Armenia.
Objectives
The aim is to enhance access to finance for the target beneficiaries through the intermediary' branch network in the country.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 55 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The intermediary institution has to take all the requisite measures to ensure that the procedures including procurement procedures carried out by the final beneficiaries for the sub-projects will comply with national legislation and the EIB's Environmental and Social Standards as well as international treaties and conventions signed and ratified by or otherwise applicable and binding in the country.
Procurement
The intermediary institution to take all requisite measures to ensure that any procurement procedures carried out by final beneficiaries for the sub-projects that the Bank finances are in accordance with the EIB's Guide to Procurement.
Status
Approved - 8/05/2024
