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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.