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Armeconombank and funds managed and suggested by INCOFIN Funding Administration have signed a $15 million Mortgage Settlement to finance microfinance initiatives within the nation.
Օn October 11, 2022 a Mortgage Settlement within the quantity of USD 15 mln was signed between Armeconombank and funds managed and suggested by INCOFIN Funding Administration, the funds of which shall be directed to Armenia to micro-enterprise enterprise lending.
The mortgage funds offered underneath these agreements are already the fifth funding in Armenia by the Belgian firm by means of the mediation of Armeconombank.
It ought to be famous that inside final 3 years Armeconombank has signed mortgage agreements within the quantity of about 180 million US {dollars} with related growth finance worldwide establishments.
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