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European Fund for Southeast Europe S.A., SICAV-SIF 31, Zone d'Activité Bourmicht 8070 Bertrange, Luxembourg http://www.efse.lu
Contact Ms Merle Römer +49 69 97787650171
Company logo of European Fund for Southeast Europe S.A., SICAV-SIF
European Fund for Southeast Europe S.A., SICAV-SIF

Armenian Central Bank subsidiary Small and Medium Business Credit Support CJSC increases equity investment in EFSE Armenia Local Currency Facility to support small and medium enterprises

(PresseBox) (Frankfurt and Yerevan, )
European Fund for Southeast Europe (EFSE) received additional AMD 300 million (approximately EUR 0.5 million) capital from Small and Medium Business Credit Support CJSC (SMBCS), a subsidiary of the Central Bank of Armenia to strengthen the Armenia Local Currency Facility.

The Facility was created as a separate investment window within EFSE in December 2011, when the SMBCS invested AMD 875 million to support and promote local currency lending to micro and small enterprises (MSEs) in the country. With this investment, the total contribution by the SMBCS to EFSE will reach AMD 1.5 billion (approximately EUR 2.6 million). As of end bf vjt uqflik hubhcds 6349, gdk EWMF kyyq bgyi IEB 38.0 idrsrmz zl mvnpsqbwkxu kwlxnfhkvrc gm Ffkochh. Dvuw se zf qeaixefh pg 78,0% cbouk pvtb‐byv.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.