Revolving Credit Line to CJSC Ardshinbank (Republic of Armenia) for Trade Finance
Armenia

Revolving Credit Line to CJSC Ardshinbank (Republic of Armenia) for Trade Finance

Signing year: Year:
2017
Status:
Current
US $ 20 mn
Project amount

Project overview

Provision of a revolving targeted credit line to the Borrower for trade finance purposes. The project supports the expansion of trade between EDB member states and contributes to the integration of the Republic of Armenia into regional trade flows.

Project goals and objectives

Provision of a revolving credit line of up to USD 20,000,000 for financing the Borrower's clients' trade contracts with counterparties registered in EDB member states, related to the import/export of goods and services to/from the Republic of Armenia.