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- Operations
- Ardshinbank
Ardshinbank
Armenia
Borrower | Ardshinbank |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Financial |
Approved | 16.12.2014 |
Signed | 31.03.2015 |
Status | Completed |
Loan Administrator | OPEC Fund |
OPEC Fund Contribution (US$m) | 10.00 |
This loan will be used for on-lending to SMEs involved in the construction and operation of small-scale hydropower plants. These plants will help serve as catalysts for boosting job creation and income generation for vulnerable segments of the population.