BSTDB Provided USD 5 mln SME Loan Facility to Armeconombank
OREANDA-NEWS. February 26, 2008. BSTDB is providing a USD 5 million SME loan facility to the Armenian Armeconombank.
The loan facility which carries a tenor of 5 years will be used by Armeconombank for providing sub-loans to small and medium-sized enterprises with the following purposes: creation, modernisation, expansion and diversification of industrial, production, agricultural or service-related facilities, as well as for export and pre-export financing of industrial or agricultural enterprises.
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