16.12.2024

Armeconombank received the subsequent USD 15m share from Dutch Development Bank (FMO) within the loan agreement. The Bank lauched its cooperation with FMO back to 2010 and currently the total value of the agreements signed between parties amounts to over USD 70m. The borrowed funds will finance micro, small and medium enterprises, women and young entrepreneurs, as well as the agricultural sector, contributing to the sustainable development of the country. 

As a leading investor, Dutch Development Bank supports the sustainable private sector of developing countries and emerging markets in ambitious projects and by investing in entreprises.  FMO has over 50 years of proven experience, which enables people to gain skills and improve their quality of their lives.

Updated: 17/12/2024 10:57