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- Operations
- Line of Credit to Inecobank
Line of Credit to Inecobank
Armenia
| Borrower | Inecobank CJSC, Armenia |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 16.06.2011 |
| Signed | 12.09.2011 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| OPEC Fund Contribution (US$m) | 10.00 |
INECOBANK will use OFID's funding for on-lending to
small and medium scale enterprises (SMEs) that are making an important contribution to the Government’s goal of providing employment and
livelihood opportunities for a broader portion of the population, including lower-income groups.